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Full text of "Annual Report of the board of Commissioners of Savings Banks, 1879"

— , 



StAte Library 



OF 



MASSACHUSETTS. 



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Return as boon as I sea 



PUBLIC DOCUMENT. . No. 8. 



ANNUAL REPORT 



OF 



THE BOARD 



OF 



COMMISSIONERS OF SAYINGS BANKS, 



INCLUDING THE 



ABSTRACTS OF REPORTS 



FROM THE 



SAVINGS INSTITUTIONS IN MASSACHUSETTS. 



1879. 



BOSTON: 

EantJ, &tag, & £0., ^tinttxQ to tfje ftommotttaltfj, 

117 Franklin Street. 
1880. 






^L 









A 



dtommontocaltl) of Jfta00<ul)U0£tt0, 



Office of the Commissioners of Savings Banks, State House, 

Boston, Jan. 7, 1880. 

To the Hon. Senate and House of Representatives in General Court assembled. 

The undersigned, the Board of Commissioners of Sav- 
ings Banks, have the honor to present for the considera- 
tion of the Legislature their Fourth Annual Report, 
including a statement of the condition of each institution 
at the close of business on the thirty-first day of October 
last; the same being the Fourteenth of the series of 
Annual Beports since the appointment of a Commissioner 
of Savings Banks. 



Very respectfully, 



J. GATCHELL, 
C. CUBBY, 

Commissioners. 



ABSTRACT OF ANNUAL REPORTS 



OF THE 



SAVINGS BANKS, TEUST COMPANIES, AND CO- 
OPERATIVE SAVING-FUND AND LOAN 
ASSOCIATIONS, 



SHOWING THELR 



CONDITION AT THE CLOSE OF BUSINESS ON THE 
31st OF OCTOBER, 1879. 



6 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ABINGTON SAVINGS BANK — ABINGTON. 

Incorporated 1853. Number of corporators, 53. 
Z. N. Whitmarsh, President. Treasurer, Judson N. Farrar. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$804,319 54 


Public funds .... 


$109,162 50 


Earnings, undivided . 


8,435 76 


Loans on public funds . 


325 00 


Guaranty fund . 


6,500 00 


Bank stock .... 


136,402 87 






Loans on bank stock 


1,350 00 


* 




Railroad bonds 


45,661 08 






Real estate by foreclosure . 


3,147 75 






Loans on real estate 


437,307 86 






Loans on personal security . 


46,384 00 






Loans to counties, cities, or 








towns 


3,000 00 






Deposit in banks on interest . 


35,029 46 






Expense account . 


93 16 






Taxes and insurance 


41 39 






Suspense account . 


653 47 






Cash on hand .... 


696 76 




$819,255 30 


$819,255 30 



Loans on Public Funds, amount on each : 
On $1,150 United States bonds . 



Loans on Bank Stock, amount on each : — 
On 17 shares Abington National Bank 



$325 00 



$1,350 00 



Cash on Deposit in Bank : — 
Abington National Bank .... 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws : first Tuesday of April 

and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7-J- per cent. 
The total amount of loans, with each specified rate of interest: 

$35,029.46, 3 per cent; $3,000, 5 per cent; $485,366, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 399 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 2,495 

Number and amount of deposits received for previous year . 878 



$35,029 46 


$3,147 75 

3,350 00 

115 00 

19 76 


$51,419 12 
17,283 79 
17,377 80 



305,026 86 
10,000 00 

83,408 91 



1880.] 



PUBLIC DOCUMENT— No. 8. 



Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year . . . 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : July 19. 



77 


$39,255 00 


259 




166 


23,867 86 


135 


8,955 69 


298 


6,585 40 


1,165 


320,906 34 


21 


10,961 49 


96 


52,523 69 


1,009 


99,215 72 


240 




211 




• 


1,714 73 




15,000 00 



Public Funds. 





Par Value. 


Estimated 

Market Value. 


Amount Invested. 


United States bonds 

City and town bonds : — . 
City of Meriden, Conn., 7s 

of Bath, Me. . 

of Portland, Me. . 

of Bangor, Me. 

of Fall River, Mass. 

of Holyoke, Mass. . 
Town of Abington, Mass. 




$25,700 

20,000 
6,000 
7,000 
9,000 

25,000 
5,000 

10,000 


$26,350 00 

23,000 00 
6,100 00 
7,500 00 
9,450 00 

28,200 00 
5,800 00 

10,050 00 


$25,700 00 

21,000 00 
5,400 00 
7,000 00 
7,605 00 

27,407 50 
5,000 00 

10,050 00 






$107,700 


$116,450 00 


$109,162 50 



Bank Stock. 



Abington Nat'l Bank, Abington 


$13,600 


$16,320 00 


814,810 00 


Boston Nat'l Bank, Boston 


7,400 


7,550 00 


7,400 00 


Blackstone Nat'l Bank, Boston 


7,500 


7,631 00 


7,500 00 


Central Nat'l Bank, Boston . 


1,200 


1,140 00 


1,200 00 


Continental Nat'l Bank, Boston 


2,500 


2,575 00 


2,500 00 


Eliot Nat'l Bank, Boston 


5,900 


6,343 00 


5,900 00 


Eagle Nat'l Bank, Boston 


1,900 


2,005 00 


1,900 00 


Freeman's Nat'l Bank, Boston 


1,500 


1,575 00 


1,500 00 


First Nat'l Bank, South Adams 


4,000 


5,000 00 


4,000 00 


First Nat'l Bank, Danvers 


2,850 


3,420 00 


3,452 87 


Globe Nat'l Bank, Boston 


5,000 


5,150 00 


5,500 00 


Howard Nat'l Bank, Boston . 


15,000 


15,750 00 


15,000 00 


Hamilton Nat'l Bank, Boston . 


5,000 


5,450 00 


5,500 00 


Hide and Leather Nat'l B'k, Boston, 


6,800 


7,480 00 


6,800 00 


Mount Vernon Nat'l Bank, Boston, 


3,800 


3,619 00 


3,800 00 


Merchants' Nat'l Bank, Boston 


10,000 


13,200 00 


13,000 00 


Metropolitan Nat'l Bank, Boston . 


4,000 


4,000 00 


4,000 00 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


North Nat'l Bank, Boston 


$2,200 


$2,706 00 


$2,600 00 


Old Colony Nat'l Bank, Plymouth . 


200 


250 00 


240 00 


Republic Nat'l Bank, Boston . 


4,500 


4,680 00 


4,500 00 


Redemption Nat'l Bank, Boston 


2,000 


2,400 00 


2,400 00 


Second Nat'l Bank, Boston 


5,000 


6,888 00 


7,200 00 


Shoe and Leather Nat'l B'k, Boston, 


1,000 


1,055 00 


1,000 00 


State Nat'l Bank, Boston 


3,200 


3,792 00 


3,200 00 


Traders' Nat'l Bank, Boston . 


5,800 


5,872 00 


5,800 00 


Third Nat'l Bank, Boston 


1,000 


850 00 


1,000 00 


Webster Nat'l Bank, Boston . 


4,700 


4,888 00 


4,700 00 


• 


$127,550 


$141,589 00 


$136,402 87 



Railroad Bonds. 



Eastern Railroad Co. 

Old Colony Railroad Co. 7s 



4js 



$50,000 
5,000 



$55,000 



$42,500 00 
5,590 00 



$48,090 00 



$40,261 08 
5,400 00 



$15,661 08 



1880.] 



PUBLIC DOCUMENT — No. 8. 



9 



AMHERST SAYINGS BANK — AMHERST. 

Incorporated 1864. Number of corporators, 13. 
Enos F. Cook, President. Treasurer, Samuel C. Carter. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$551,404 58 


Public funds .... 


$93,309 65 


Earnings, undivided . 


17,489 32 


Loans on public funds . 


3,000 00 


Guaranty fund . 


4,010 27 


Bank stock .... 


85,165 39 






Railroad bonds 


40,800 00 






Real estate .... 


13,775 00 






Real estate by foreclosure . 


6,000 00 






Loans on real estate 


214,667 05 






Loans on personal security . 


40,474 02 






Loans to counties, cities, or 








towns 


42,700 00 






Cash on hand . . . 


33,013 06 




$572,904 17 


$572,904 17 



Loans on Public Funds, amount on each: — 
On $3,500 United States bonds 1881 . 



Cash on Deposit in Bank : — 
First National Bank, Amherst . . . 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for / 2£ per cent 

previous year ) 2-J per cent 

Times for the dividends fixed by the by-laws ; January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$10,239.99, 5 percent; $220,576.90, 6 per cent; $4,900, 6| per cent; 

$180,241.83, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . . . . . .226 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 2,188 

Number and amount of deposits received for previous year, 1,243 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 90 

Number of deposits of $1,000 and upwards .... 86 
Number and amount of deposits of $200 and less ... 97 
Number and amount of deposits of $100 and less . . . 134 
2 



$3,000 00 



$32,744 48 

$13,775 00 

14,000 00 

6,000 00 

6,500 00 

535 00 

110 70 



,519 59 
12,073 25 
12,416 93 



193,791 00 
602 78 

102,826 34 

43,214 00 

15,596 00 
10,682 00 



10 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Sept. 17. 



842 


$15,672 79 


1,161 


278,224 00 


11 


5,817 00 


33 


13,801 00 


21 


4,200 00 


1,113 


70,926 83 


207 




213 




. 


1,053 35 


. 


5,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 1881 

City bonds: — 
City of Bangor, Me. 

of Rockland, Me. . 
of Bath, Me. . 
of Fall River . 



$50,000 



20,000 
5,000 
5,000 
8,000 



$88,000 



$52,725 00 



21,200 00 
5,150 00 
5,150 00 
8,680 00 



$92,905 00 



$54,104 65 



20,500 00 
5,025 00 
5,000 00 
8,680 00 



$93,309 65 



Bank Stock. 



First Nat'l Bank, Easthampton 


$9,100 


$11,375 00 


$10,358 00 


First Nat'l Bank, Holyoke . 


10,000 


11,000 00 


10,800 00 


First Nat'l Bank, Northampton 


11,800 


15,340 00 


15,762 50 


Hampshire Co. Nat'l B'k, Northamp'n, 


6,200 


7,254 00 


7,008 00 


Conway Nat'l Bank, Conway . 


2,000 


2,300 00 


2,285 00 


Crocker Nat'l Bank, Turner's Falls, 


8,400 


8,736 00 


8,664 39 


Hide and Leather Nat'l B'k, Boston, 


1,000 


1,100 00 


1,107 00 


City Nat'l Bank, Worcester . 


4,000 


4,400 00 


5,120 00 


Citizens' Nat'l Bank, Worcester 


2,500 


3,000 00 


3,062 50 


Mechanics' Nat'l Bank, Worcester . 


1,000 


1,100 00 


1,250 00 


Agawam Nat'l Bank, Springfield . 


5,300 


6,466 00 


6,460 00 


Northampton Nat'l B'k, Northamp'n, 


13,100 


14,672 00 


13,282 00 




$74,400 


$86,743 00 


$85,165 39 



Railroad Bonds. 



New London & Northern Railroad . 
Vermont and Mass. Railroad . 
Boston, Revere Beach, & Lynn R.R. 



28,500 

2,000 

10,000 



$40,500 



$29,355 00 

2,060 00 

10,300 00 



$41,715 00 



$28,500 00 

2,000 00 

10,300 00 



$40,800 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



11 



ANDOVER SAVINGS B ANK — ANDOVER. 

Incorporated April 2, 1834. Number of corporators, 59. 
John Abbott, President. Treasurer, John F. Kimball. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,283,773 20 


Public funds .... 


$465,250 00 


Earnings, undivided . 


40,455 18 


Loans on public funds . 


500 00 


Guaranty fund . 


15,000 00 


Bank stock .... 


118,900 00 






Railroad bonds 


199,000 00 






Real estate by foreclosure . 


80,279 25 






Loans on real estate 


405,975 50 






Loans on personal security . 


32,779 67 






Loans to counties, cities, or 








towns 


10,000 00 






Deposit in banks on interest . 


23,215 05 






Casb on band . . 


3,328 91 




$1,339,228 38 


$1,339,228 38 



Loans on Public Funds, amount on each : — 
On $500 United States bonds 



$500 00 



Cash on Deposit in Bank : — 
Andover National Bank 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year . . . . . . > 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

June and December. 
The total amount of loans, with each specified rate of interest: 

$9,000, 5 per cent; $81,700, 6 per cent; $18,700, 6£ per cent; 

$329,855.17, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 152 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,190 

Number and amount of deposits received for previous year 1,267 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 90 



$23,215 05 


$80,279 25 


92,000 00 


900 00 


1,043 32 


$87,913 22 


27,617 46 


26,285 73 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 



, 474 
1,595 
. 920 
676 
1,767 



228,006 47 
27,400 00 

102,592 61 

46,894 00 

104,660 44 

40.905 94 

16.906 92 
689,327 46 






12 



BANK COMMISSIONERS' REPORT. [Jan. 



Number and amount of deposits held by guardians ... 33 $20,425 51 
Number and amount of deposits held in trust .... Ill 50,835 20 
Number and amount of deposits held by charitable associa- 
tions 30 

Number and amount of withdrawals .... 1,070 

Number of accounts opened the previous year .... 264 
Number of accounts closed the previous year .... 432 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 30,000 00 

Date of examination by commissioner : June 6. 



10,120 70 
282,590 33 



2,100 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 4s, registered . 


$21,250 


$21,650 00 


$21,250 00 


City and town bonds: — 








City of Bangor, Me. 


25,000 


25,000 00 


25,000 00 


of Belfast, Me. 






40,000 


41,200 00 


40,000 00 


of Chelsea 






27,000 


29,700 00 


27,000 00 


of Cambridge . 






12,000 


13,200 00 


12,000 00 


of Dover, N.H. 






25,500 


26,500 00 


25,500 00 


of Fall River . 






' 10,000 


11,000 00 


10,000 00 


of Holyoke 






8,000 


9,500 00 


8,000 00 


of Lawrence . 






20,000 


22,000 00 


20,000 00 


of Lynn . 






30,000 


33,000 00 


30,000 00 


of Lowell 






5,000 


5,500 00 


5,000 00 


of Lewiston, Me. 






7,000 


7,500 00 


7,000 00 


Town of Melrose 






15,000 


16,500 00 


15,000 00 


City of Norwich, Conn. 






35,000 


39,000 00 


35,000 00 


of Nashua, N.H. 






5,000 


5,150 00 


5,000 00 


of Newburyport 






20,000 


22,000 00 


20,000 00 


Town of Northampton 






33,000 


36,000 00 


33,000 00 


City of Portland, Me. 






22,000 


23,000 00 


22,000 00 


of Portsmouth, N.H 


' 




32,500 


34,000 00 


, 32,500 00 


of Rockland, Me. 






10,000 


10,000 00 


10,000 00 


of Salem . 






20,000 


22,000 00 


20,000 00 


of Somerville . 






20,000 


21,000 00 


20,000 00 


Town of Wakefield 






17,000 


18,000 00 


17,000 00 


City of Worcester . 




5,000 


5,500 00 


5,000 00 








$465,250 


$497,900 00 


$465,250 00 



Bank Stock. 



Andover Nat'l Bank, Andover 


$28,600 


$31,460 00 


$28,600 00 


Blackstone Nat'l Bank, Boston 


7,500 


7,600 00 


7,500 00 


Continental Nat'l Bank, Boston 


3,600 


3,600 00 


3.600 00 


Bay State Nat'l Bank, Lawrence . 


7,500 


10,000 00 


7,500 00 


Merchants' Nat'l Bank, Boston 


2,500 


3,350 00 


2,500 00 


Revere Nat'l Bank, Boston 


26,300 


30,500 00 


26,300 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



13 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Republic Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Wachusett Nat'l Bank, Fitchburg . 


$22,500 

15,400 

5,000 


$27,000 00 

16,000 00 

7,500 00 


$22,500 00 

15,400 00 

5,000 00 





$118,900 


$137,010 00 


$118,900 00 



Railroad Bonds. 



Boston and Maine Railroad 7s 


$50,000 


$60,000 00 


$50,000 00 


Boston and Lowell Railroad 7s 


64,000 


73,600 00 


64,000 00 


Old Colony Railroad 7s . 


20,000 


24,000 00 


20,000 00 


New Bedford Railroad 7s 


10,000 


11,500 00 


10,000 00 


Cheshire Railroad 6s 


25,000 


25,000 00 


25,000 00 


Agricultural Branch Railroad 6s 


25,000 


25,000 00 


25,000 00 


Worcester and Nashua Railroad 5s . 


5,000 


5,000 00 


5,000 00 




$199,000 


$224,000 00 


$199,000 00 



14 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ARLINGTON FIVE CENTS SAVINGS BANK — ARLINGTON. 

Incorporated April 2, 1860. Number of corporators, 37. 

Albert Winn, President. Treasurer, Abel R. Proctor. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$599,753 54 


Public funds .... 


' $73,442 81 


Earnings, undivided. 


11,872 94 


Bank stock .... 


21,934 75 


Guaranty fund . 


9,071 43 


Railroad bonds 


5,050 00 






Real estate .... 


26,396 59 






Real estate by foreclosure . 


44,719 80 






Loans on real estate 


390,166 47 






Loans on personal security . 


,36,142 77 






Loans to counties, cities, or 








towns 


1,000 00 






Deposit in banks on interest . 


19,987 78 






Expense account . 


387 90 






Insurance account. 


73 50 






Tax account .... 


1,395 54 




$620,697 91 


$620,697 91 



Cash on Deposit in Banks : — 

Faneuil Hall National Bank $18,933 53 

Provident Institution for Savings 1,054 25 

Amount invested in real estate (for banking purposes) . . . $26,396 59 

Estimated value of the same 26,396 59 

Amount of real estate held by foreclosure 44,719 80 

Assessed value of the same 51,496 25 

Amount of income received from the same 2,918 14 

Amount of municipal tax on real estate 1,395 54 

Whole amount of interest or profits received or earned . . . $32,456 07 
Rate and amount of each semi-annual dividend for ) 2 per cent . { 11,667 11 

previous year ) 2 per cent . ( 11,826 71 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 T ^ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $46,129.83, 6 per cent; $44,781, 6i per cent; 

$328,246.64, 7 per cent; $2,151.77, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 261 

Aggregate amount of the same 257,499 49 

Number of open accounts 2,111 

Number and amount of deposits received for previous year, 1,529 91,938 45 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 43 22,953 39 

Number of deposits of $1,000 and upwards .... 246 

Number and amount of deposits of $200 and less . . 1,267 61,962 90 



1880.] 



PUBLIC DOCUMENT — No. 8. 



15 



Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Bate of examination by commissioner : Dec. 2. 



1,022 


$27,291 25 


755 


11,065 70 


991 


250,851 92 


13 


5,616 04 


214 


135,353 64 


22 


13,041 43 


1,096 


92,801 22 


219 




153 




• 


1,503 49 




10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 
" " 5s . 
" " 4£s . 

City and town bonds : — 
City of Portland, Me., 6s 
of Lawrence 6s 
of Holyoke 6s . 
Town of Woburn 6s 

of North Adams 6s 


$8,500 

100 
23,500 

20,000 
6,000 
5,000 
7,000 
5,000 


$8,966 87 

102 25 

24,880 63 

21,950 00 
6,832 50 
5,706 25 
7,980 00 
5,600 00 


$8,500 00 

100 00 

24,542 81 

20,100 00 
5,000 00 
4,167 00 
5,833 00 
5,200 00 




$75,100 


$82,018 50 


$73,442 81 



Bank Stock. 



Redemption Nat'l Bank, Boston 


$1,000 


$1,207 50 


$1,353 75 


Republic Nat'l Bank, Boston . 


3,300 


4,042 50 


4,281 50 


North America Nat'l Bank, Boston, 


2,500 


2,506 25 


2,975 00 


Union Nat'l Bank, Boston 


1,200 


1,569 00 


1,644 00 


Continental Nat'l Bank, Boston 


5,000 


5,100 00 


5,955 75 


Faneuil Hall Ifet'l Bank, Boston . 


1,000 


1,232 50 


1,310 00 


First Ward Nat'l Bank, Boston 


2,200 


1,620 00 


2,346 25 


Eleventh Ward Nat'l Bank, Boston, 


1,800 


500 00 


2,068 50 




$18,000 


$17,777 75 


$21,934 75 



Railroad Bonds. 






16 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ASHBURNHAM SAVINGS BANK i — ASHBURNHAM. 

Incorporated May, 1871. Number of corporators, 55. 

A. A. "Walker, President. Treasurer, George W. Eddy. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$18,340 90 
831 18 
200 00 


Public funds .... 
Deposit in banks . 
Expense account . 
Cash on hand .... 


$2,048 00 

17,2:30 49 

85 23 

8 36 




$19,372 08 


$19,372 08 



Cash on Deposit in Bank: — 
First National Bank of Ashburnham 



$17,230 49 



Rate and amount of each semi-annual dividend for previous year 
(2 per cent Jan.) 

Times for the dividends fixed by the by-laws: January and July. 

Average annual per cent of dividends for the term ending at time 
of and including last extra dividend : 5£ per cent. 

Number of open accounts 

Number and amount of deposits received for previous year 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held in trust . 

Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 17. 



$408 14 



112 
21 

1 
1 

81 
57 
39 
53 

1 
73 

5 
41 



1,572 64 


904 60 


5,550 94 


1,916 51 


681 36 


7,488 34 


500 00 


8,057 11 


85 23 


20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


$2,000 


$2,065 00 


$2,048 00 



1 This bank is in process of closing up, and will pay its depositors in full. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



17 



ATHOL SAVINGS BANK — ATHOL. 

Incorporated 1867. Number of corporators, 36. 
Chakles C. Bassett, President. Treasurer, Alpheus Harding. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$817,346 96 
7,127 97 
9,000 00 



$833,474 93 



Public funds . 

Loans on public funds . 

Bank stock 

Loans on bank stock 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Accrued interest . 
Cash on hand . 



$128,000 00 

3,000 00 

17,800 00 

21,850 00 

12,982 03 

393,823 16 

116,566 51 

82,980 00 

55,000 00 

699 21 

622 54 

151 48 



3,474 93 



Loans on Public Funds, amount on each: — 
On $3,000 United States 5s, 1881 



$3,000 00 



Loans on Bank Stock, amount on each : — 
On 25 shares Athol National Bank .... 
On 100 shares Miller's Eiver National Bank, Athol . 
On 100 shares South Reading National Bank, Wakefield 



Cash on Deposit in Banks : — 
Continental National Bank, Boston . 
Miller's River National Bank, Athol . 

Amount of real estate held by foreclosure 
Assessed value of the same . . 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$2,100 00 

9,750 00 

10,000 00 



$25,000 00 
30,000 00 

$12,982 03 

11,725' 00 

576 00 

173 08 



Whole amount of interest or profits received or earned . . . $50,543 95 
Rate and amount of each semi-annual dividend for 1 2£ per cent . ( 19,220 69 

previous year ....... J 2 per cent . 1 15,676 33 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5| per cent. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4 per cent; $10,000, 4* per cent; $16,000, 4f per cent; 

$51,800, 5 per cent; $12,800, 5f per cent; $618,419.67, 6 per cent; 

$25,000, 6£ per cent; $5,000, 7 per cent; $5,000, 1 T \ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .... .... 384 

Aggregate amount of the same 309,547 26 



18 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of investments from which no income is received 

Number of open accounts 2,900 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



$5,000 00 



Number and amount of withdrawals . 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: Sept. 15. 



0,521 


141,681 56 


115 


52,864 91 


219 




1,651 


89,0:55 66 


1,305 


40,059 76 


994 


17,177 63 


1,366 


371,059 77 


33 


13,157 86 


51 


21,536 53 


19 


7,515 72 


1,168 


113,237 45 


446 




242 




. 


2,315 69 




10,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, currency- 


110,000 


$12,200 00 


$10,000 00 


State of New Hampshire bonds 


14,000 


14,700 00 


14,000 00 


City and town bonds: — 








Town of Haverhill .... 


1,000 


1,020 00 


1,000 00 


City of Newton 




10,000 


10,600 00 


10,000 00 


of Providence, R.I. . 




5,000 


5,312 50 


5,000 00 


of Charlestown 




10,000 


10,200 00 


10,000 00 


of Lynn . 




10,000 


11,175 00 


10,000 00 


ol Portland, Me. 




5,000 


5,350 00 


5,000 00 


of Cambridge . 




15.000 


16,112 50 


15,000 00 


of Somerville . 




25,000 


25,625 00 


25,000 00 


Town of Meriden, Conn. 




14,000 


15,400 00 


14,000 00 


of Hyde Park 




5,000 


5,275 00 


5,000 00 


of Wakefield. 


4,000 


4,080 00 


4,000 00 






$128,000 


$137,050 00 


$128,000 00 



Bank 


Stock. 






Blackstone Nat'l Bank, Boston 
Central Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston 
Ea^le Nat'l Bank, Boston 
Miller's River Nat'l Bank, L thol . 
First Nat'l Bank, Barre . 


$1,100 
5,000 
1,000 
5,000 
2,700 
3,000 


$1,130 25 
4,850 00 
1,050 00 
5,275 00 
3,320 00 
3,600 00 


$1,100 00 
5,000 00 
1,000 00 
5,000 00 
2,700 00 
3,000 00 




$17,800 $19,225 25 


$17,800 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



19 



ATTLEBOROUGH SAVINGS BANK — NORTH ATTLEBOROUGH. 

Incorporated 1860. Number of corporators, 70. 
A. Codding, Jim., President. Treasurer, Edward R. Price. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$284,692 70 
3,104 54 
4,837 00 



,634 24 



Public funds . 
Bank stock 

*Real estate by foreclosure 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 
towns .... 

NExpense account . 
Cash on band . 



$18,000 00 
1,979 00 
7,010 32 

172,824 00 
63,790 66 

17,000 00 

93 33 

11,936 93 



,634 24 



$7,010 32 


4,700 00 


212 55 


111 39 


13,803 42 


6,171 75 


6,289 00 



Cash on Deposit in Bank : — 
Attleborough National Bank, North Attleborough, Mass. . . $11,936 93 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 1\ per cent 

Times for the dividends fixed by the by-laws : Tuesday after second 

Monday of April and October. 
The total amount of loans, with each specified rate of interest: 

$18,000, 4 per cent; $1,979, 5 per cent; $46,000, 6 per cent; 

$190,614.66, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 65 

Aggregate amount of the same ........ 

Amount of investments from which no income is received 

Number of open accounts 1,023 

Number and amount of deposits received for previous year . 733 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 6 1,425 07 



162,033 00 
17,000 00 

72,858 98 





. 51 


27,764 49 




. 74 






. 606 


34,021 58 




. 470 


15,191 36 




. 355 


7,154 75 




. 458 


125,740 79 




3 


780 41 




. 41 


18,607 33 



20 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals 454 $45,823 43 

Number of accounts opened the previous year .... 187 
Number of accounts closed the previous year .... 137 
Amount of expenses of the corporation during previous year . . 1,127 53 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner: May 29. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States funded loan 1881 


$18,000 


$18,360 00 


$18,000 00 


Bank Stock. 


First Nat'l Bank, Attleborough 


$2,000 


$2,000 00 


$1,979 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



21 



BARRE SAVINGS BANK — BARRE. 

Incorporated May, 1869. Number of corporators, 54. 

Charles Bbimblecom, President. Treasurer, Harding Woods. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$259,367 98 

13,617 73 

1,995 00 


Bank stock .... 

Railroad bonds 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in banks on interest . 

Expense account . 


$140,354 76 

6,060 00 

5,000 00 

104,121 41 

7,981 85 

10,958 59 

504 10 




$274,980 71 


$274,980 71 



Cash on Deposit in Bank : — 
First National Bank, Barre . 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of municipal tax on real estate . . . . 

Whole amount of interest or profits received . . 

Rate and amount of semi-annual dividend for previous year, Jan. 

15, 1879, 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 15 and July 15. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 T 6 ¥ 3 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$3,981.37, 6 per cent; $86,215.04, 7 per cent; $2,200.48, 7* per 

cent; $19,706.37, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 60 

Aggregate amount of the same . 

Amount of investments from which no income is received 
Number of open accounts 931 



$10,958 59 


$5,000 00 

4,000 00 

50 00 


$16,019 25 


5,879 65 



57,110 48 
5,000 00 



Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



255 15,513 36 





. 11 


4,236 50 




. 83 






. 576 


24,845 92 




. 439 


14,817 77 




. 315 


5,758 35 




. 471 


115,417 94 




6 


1,823 57 




. 24 


7,978 70 



384 60 



22 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 6. 



524 

50 

141 



$61,950 24 



795 49 
15,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
.Eliot Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
First Nat'l Bank, Boston ' 
Hide and Leather Nat'l B'k, Boston 
Mechanics' Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Second Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Merchants' Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 
Old Boston Nat'l Bank, Boston 
Ware Nat'l Bank, Ware . 
Market Nat'l Bank, Brighton 
First Nat'l Bank, Worcester . 
Central Nat'l Bank, Worcester 
City Nat'l Bank, Worcester . 
Citizens' Nat'l Bank, Worcester 
First Nat'l Bank, Barre . 



Less interest earned, at date of 
purchase ..... 



$1,000 
1,200 
4,200 
2,000 
6,400 
3,200 
1,700 
2,500 
1,800 
7,000 
2,500 
2,800 
2,500 
4,600 

900 
3,000 
3,400 
2,000 
5,000 
3,400 
6,100 
3,300 
3,500 

700 
5,000 
2,000 
5,500 
5,000 
2,100 
7,400 



$101,700 



$1,395 00 
1,440 00 
4,315 50 
2,115 00 
6,544 00 
3,648 00 
1,751 
2,687 
2,520 
12,617 
2,775 
3,087 
2,750 
5,520 
1,044 
3,450 
4,760 
2,110 
6,850 
6,290 00 
7,076 00 
3,465 
4,550 
840 
6,750 
2,600 
7,035 
5,000 
2,226 
8,880 



Amount Invested. 



00 

50 
00 
50 
00 
00 
00 
00 
00 
00 
00 
00 
00 



59 
33 
27 
00 
56 
00 
50 



00 
00 
00 
50 
00 
00 
00 
00 
00 



$101,700 



$134,092 00 



$1,262 50 

1,469 00 

5,722 

2,785 

7,975 

5,316 

2,018 

2,991 

2,977 

12,615 25 

2,912 70 

3,500 00 

2,718 75 

6,263 50 

1,185 00 

3,753 

5,032 

2,800 

6,950 

4,248 

7,837 

3,462 

5,407 

901 

8,660 

2,700 

8,050 00 

6,830 00 

2,961 00 

10,042 00 



75 
35 

00 
00 
72 
25 
63 
50 
25 
00 
00 



$141,349 40 
994 64 



134,092 00 



$140,354 76 






Railroad Bonds. 



Eastern Railroad .... 
Rutland Railroad 5s 


$5,000 
1,000 


$4,175 00 
650 00 


$5,200 00 
860 00 




$6,000 


$4,825 00 


$6,060 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



23 



BASS RIVER SAVINGS BANKi — SOUTH YARMOUTH. 

Incorporated April 20, 1874. Number of corporators, 31. 

David Kelley, President. Treasurer, David D. Kelley. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$157,462 89 

12,452 18 

623 20 


Bank stock .... 
Loans on bank stock 
Railroad bonds 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Cash on hand .... 


$82,351 00 
275 00 
10,436 45 
25,751 30 
37,247 63 
13,519 50 
957 39 




$170,538 27 


$170,538 27 



Loans on Bank Stock, amount on each : — 
On 3 shares First National Bank of Yarmouth $275 00 

Cash on Deposit in Bank: — 
Maverick National Bank $13,519 50 

Whole amount of interest or profits received or earned . . . $8,840 35 
Rate and amount of each semi-annual dividend for previous year: 

no dividend declared. 
Times for the dividends fixed by the by-laws : April 1 and Oct. 1. 
The total amount of loans, with each specified rate of interest: 
$29,477.67, 6 per cent; $10,502.96, 6£ per cent; $23,293.30, 7 per 
cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 89 

Aggregate amount of the same 39,425 97 

Amount of investments from which no income is received . . 12,224 90 

Number of open accounts 876 

Number and amount of deposits received for previous year .5 92 00 
Number of deposits of $1,000 and upwards .... 11 
Number and amount of deposits of $200 and less . . .615 30,306 41 
Number and amount of deposits of $100 and less . . .501 14,019 00 
Number and amount of deposits of $50 and less . . . 393 6,036 45 
Number and amount of deposits held by women . . . 374 56,284 22 
Number and amount of deposits held by guardians ... 6 1,801 91 
Number and amount of deposits held in trust .... 27 8,529 16 
Number and amount of deposits held by charitable associa- 
tions . m . . ' 6 1,237 14 

Number and amount of withdrawals 615 42,766 24 

Number of accounts opened the previous year . . . . 2 
Number of accounts closed the previous year .... 2 
Amount of expenses of the corporation during previous year . . 727 70 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner: Aug. 9. 

1 An order regulating the payment of deposits for one year, limiting them to an amount not 
exceeding fifteen per cent each six months, was issued May 16, 1878, and extended for one year, 
May 16, 1879, to pay fifteen per cent of the remainder of deposits each six months. 



24 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Everett Nat'l Bank, Boston . 


$5,000 


$5,137 50 


$6,756 75 


Atlas Nat'l Bank, Boston 


3,000 


3,600 00 


4,093 50 


Redemption Nat'l Bank, Boston 


5,000 


6,037 50 


7,212 50 


Faneuil Hall Nat'l Bank, Boston . 


3,000 


3,690 00 


4,170 00 


Boston Nat'l Bank, Boston 


3,000 


3,067 50 


4,163 75 


Merchants' Nat'l Bank, Boston 


5,600 


7,602 00 


8,097 00 


Tremont Nat'l Bank, Boston . 


4,800 


5,574 00 


5,770 63 


Exchange Nat'l Bank, Boston 


5,000 


6,925 00 


9,050 00 


Second Nat'l Bank, Boston 


4,900 


6,749 85 


7,672 25 


Suffolk Nat'l Bank, Boston . 


1,000 


1,133 75 


1,200 00 


Manufacturers' Nat'l Bank, Boston, 


2,500 


2,287 50 


2,675 00 


Eagle Nat'l Bank, Boston 


1,100 


1,160 50 


1,354 37 


Old Boston Nat'l Bank, Boston 


700 


910 00 


1,064 00 


Blackstone Nat'l Bank, Boston 


800 


820 00 


952 50 


Republic Nat'l Bank, Boston . 


8,200 


9,922 00 


10,994 50 


First Nat'l Bank, New Bedford . 


2,400 


2,448 00 


2,905 25 


First Nat'l Bank, Yarmouth . 


1,500 


1,800 00 


2,194 00 


Citizens' Nat'l Bank, New Bedford, 


2,000 


2,000 00 


2,025 00 




$59,500 


$70,865 10 


$82,351 00 



Railroad Bonds. 



Old Colony Railroad 7s . 
Old Colony Railroad 6s . 
New Bedford Railroad 7s 



$4,000 
3,000 
3,000 

$10,000 



$4,730 00 
3,300 00 
3,150 00 

$11,180 00 



$4,210 00 
3,128 50 
3,097 95 

$10,436 45 



1880.] 



PUBLIC DOCUMENT — No. 8. 



25 



BENJAMIN FRANKLIN SAVINGS BANK — FRANKLIN. 

Incorporated Feb. 23, 1871. Number of corporators, 40. 
Davis Thayer, Jun., President. Treasurer, Charles W. Stewart. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$213,444 74 


Public funds . . . . 


$21,223 50 


Earnings, undivided . 


2,680 53 


Bank stock .... 


52,270 12 


Guaranty fund . 


1,887 83 


Real estate by foreclosure . 


18,429 84 






Loans on real estate 


106,950 00 






Loans on personal security . 


9,707 75 






Loans to counties, cities, or 








towns 


3,000 00 






Deposit in banks on interest . 


1,160 21 






Expense account . 


389 28 






Furniture .... 


562 31 






Suspense account . 


256 09 






Deposit in Franklin Nat'l B'k, 


3,238 27 






Cash on hand .... 


825 73 




$218,013 10 


$218,013 10 



Cash on Deposit in Banks : — 

Franklin National Bank $3,238 27 

New England Trust Company 1,160 21 

Amount of real estate held by foreclosure , . . . , $18,429 84 

Assessed value of the same ........ 18,391 00 

Amount of income received from the same , , . . ♦ 322 37 

Amount of municipal tax on real estate ...... 353 02 

Whole amount of interest or profits received or earned . . , $11,964 90 
Rate and amount of each semi-annual dividend for I 2 per cent . ( 4,300 82 

previous year ) 2 per cent . ( 4,173 26 

Times for the dividends fixed by the by-laws: first Monday in 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$1,160.21, 2£ per cent; $3,000, 3 per cent; $23,950, 6 per cent; 

$92,707.75, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .,,.,,,. 101 
Aggregate amount of the same ........ 102,895 00 

Amount of investments from which no income is received . . 3,800 58 
Number of open accounts ....... 1,139 

Number and amount of deposits received for previous year . 536 33,481 01 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 19 9,217 71 

Number of deposits of $1,000 and upwards .... 1 

Number and amount of deposits of $200 and less . . . 499 21,594 57 

Number and amount of deposits of $100 and less . . . 471 15,164 83 

4 



26 



' BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Dec. 8. 



379 


$7,674 57 


848 


85,005 32 


8 


4,467 24 


49 


18,105 40 


553 


53,476 70 


124 




133 




. 


1,307 91 




5,000 00 



Public Funds. 





Par Value. 


Estiihated 
Market Value. 


Amount Invested. 


United States 4£s, registered . 

City bonds: — 
City of Bath, Me. ... 
of Lewiston, Me. 


$16,000 

2,000 
3,000 


$16,600 00 

2,160 00 
3,240 00 


$16,312 50 

1,815 00 
3,096 00 




$21,000 


$22,000 00 


$21,223 50 



Bank Stock. 



Wrentham Nat'l Bank, Wrentham . 


$1,260 


$1,620 00 


$1,620 00 


Franklin Nat'l Bank, Franklin 


12,900 


14,577 00 


15,255 00 


Tremont Nat'l Bank, Boston . 


3,100 


3,642 50 


3,902 37 


Hide and Leather Nat'l B'k, Boston, 


900 


1,005 75 


1,032 75 


Howard Nat'l Bank, Boston . 


2,500 


2,625 00 


2,902 50 


Washington Nat'l Bank, Boston 


2,300 


2,944 00 


3,266 00 


Eliot Nat'l Bank, Boston 


7,000 


7,525 00 


8,887 50 


Market Nat'l Bank, Boston . 


1,000 


1,007 50 


1,100 00 


Revere Nat'l Bank, Boston 


1,600 


1,632 00 


1,776 00 


Commerce Nat'l Bank, Boston 


2,500 


2,875 00 


3,456 00 


Shoe and Leather Nat'l B'k, Boston, 


800 


832 00 


1,137 00 


Columbian Nat'l Bank, Boston 


1,400 


2,026 50 


1,845 00 


North America Nat'l Bank, Boston, 


1,500 


1,642 50 


1,680 00 


Hamilton Nat'l Baak, Boston 


3,000 


3,465 00 


3,790 00 


Continental Nat'l Bank, Boston 


500 


516 25 


620 00 




$42,260 


$47,936 00 


$52,270 12 






1880.] 



PUBLIC DOCUMENT — No. 8. 



27 



BERKSHIRE COUNTY SAVINGS BANK— PITTSFIELD. 

Incorporated 1847. Number of corporators, 44. 
Julius Rockwell, President. Treasurer, Robert "W. Adam. 

Statement. 



Liabilities. 

• 


Assets. 


Deposits 


$1,580,425 60 


Public funds .... 


$350,000 00 


Earnings, undivided . 


15,759 73 


Bank stock .... 


93,220 00 


Guaranty fund . 


14,000 00 


Loans on bank stock 


36,660 00 


Collateral security ac- 




Railroad bonds 


10,000 00 


count 


124 80 


Real estate by foreclosure . 


87,533 40 






Loans on real estate 


763,041 60 






Loans on personal security . 


213,113 28 






Loans to counties, cities, or 








towns 


35,000 00 






Expense account . 


4,523 85 






Cash on hand .... 


17,218 00 




$1,610,310 13 


$1,610,310 13 



Loans on Bank Stock, amount on each : — 
On 266 shares Pittsfield National Bank 
On 19 shares Agricultural National Bank . 
On 10 shares Berkshire National Bank 

Cash on Deposit in Banks : — 
Agricultural National Bank, Pittsfield 
Pittsfield National Bank, Pittsfield . 



Amount of real estate held by foreclosure •. 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2^ per cent 

previous year ) 2- per cent 

Times for the dividends fixed by the by-laws: first Thursday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6^ per cent. 
The total amount of loans, with each specified rate of interest: 

$56,000, 5 per cent: $2,000, 5£ per cent; $115,600, 6 per cent; 

$874,214.88, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each ........ 258 

Aggregate amount of the same 

Amount of investments from which no income is received . , 

Number of open accounts 5,261 

Number and amount of deposits received for previous year, 3,213 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 184 

Number of deposits of $1,000 and upwards .... 390 
Number and amount of deposits of $200 and less . , . 743 
Number and amount of deposits of $100 and less , , ... 622 



$33,160 00 
2,500 00 
1,000 00 



$6,683 60 
5,971 30 

$87,533 40 

51,090 00 

1,586 m 

761 75 

$104,215 06 
S 40,036 17 
1 31,167 44 



334,843 22 
15,500 00 

270,694 15 

99,559 29 

104,857 00 
44,335 00 



28 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of $50 and less . . 1,405 
Number and amount of deposits held by women . . 2,727 
Number and amount of deposits held by guardians . . 22 
Number and amount of deposits held in trust .... 60 
Number and amount of deposits held by charitable associa- 
tions 20 

Number and amount of withdrawals. .... 3,904 

Number of accounts opened the previous year .... 826 
Number of accounts closed the previous year .... 828 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 9. 



$31,170 00 

786,263 00 

8,686 00 

21,395 00 

4,493 00 
415,620 83 



5,990 35 
50,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4s 

" " 6s, currency 

State bonds, Connecticut 

City and town bonds: — 
Town of Pittsfield . 

of Adams 
City of Charlestown 
of Boston 



$180,000 
55,000 

5,000 



50,000 

25,000 

5,000 

30,000 



$184,500 00 
67,100 00 

5,400 00 



53,250 00 

26,500 00 

5,300 00 

30,150 00 



$180,000 00 
55,000 00 

5,000 00 



50,000 00 

25,000 00 

5,000 00 

30,000 00 



$350,000 



$372,200 00 



$350,000 00 



Bank Stock. 



Hide and Leather Nat'l B'k, Boston, 
Eagle Nat'l Bank, Boston , 
Webster Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
North Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
First Nat'l Bank, Chicopee 
Hadley Falls Nat'l Bank, Holyoke 
Blackstone Nat'l Bank, Boston 
Adams Nat'l Bank, North Adams 
Pittsfield Nat'l Bank, Pittsfield 
Agricultural Nat'l Bank, Pittsfield 
Lee Nat'l Bank, Lee 



$2,500 
8,000 
8,000 

12,000 
3,200 
2,000 
3,500 
4,500 
6,800 

10,000 
6,000 
6,000 
2,000 
4,100 
200 
4,500 
3,200 
6,720 



$93,220 



$2,600 00 


8,480 00 


8,000 00 


12,120 00 


3,328 00 


2,100 00 


4,200 00 


6,075 00 


8,636 00 


9,800 00 


6,300 00 


9,000 00 


3,100 00 


4,592 00 


250 00 


6,120 00 


5,760 00 


7,500 00 


$107,961 00 



00 
00 
00 
00 



$2,500 00 

8,000 00 

8,000 00 
12,000 00 

3,200 

2,000 

3,500 

4,500 

6,800 00 
10,000 00 

6,000 00 

6,000 00 

2,000 00 

4,100 
200 

4,500 

3,200 

6,720 



00 
00 
00 
00 
00 



$93,220 00 



Railroad Bonds. 



Worcester and Nashua Railroad 



$10,000 



$10,000 00 



$10,000 00 



■ rr- - i B — r 



1880.] 



PUBLIC DOCUMENT — No. 8. 



29 



BEVERLY SAVINGS BANK — BEVERLY. 

Incorporated February, 1867. Number of corporators, 37. 

William Endicott, President. Treasurer, B. G-. Bennett. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$498,894 58 


Public funds .... 


$5,393 75 


Earnings, undivided . 


11,818 44 


Loans on public funds . 


10,200 00 


Guaranty fund . 


4,362 49 


Bank stock .... 


161,595 48 






Loans on bank stock 


5,900 00 






Railroad bonds 


1,600 00 






Real estate by foreclosure . 


26,998 81 






Loans on real estate 


268,809 00 






Loans on personal security . 


9,150 00 






Loans to counties, cities, or 








towns 


12,500 00 






Expense account . 


3 25 






Cash on hand .... 


12,925 22 




$515,075 51 


$515,075 51 



Loans on Public Funds, amount on each : — 
On $200 United States 6s, 1881 . 
On $10,000 United States 4s ... . 



Loans on Bank Stock, amount on each : — 
On 4 shares Beverly National Bank . 
On 10 shares Beverly National Bank . 
On 46 shares Beverly National Bank . 



_ Cash on Deposit in Bank : — 
Beverly National Bank 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$200 00 
10,000 00 

$400 00 
1,000 00 
4,500 00 

$12,925 22 

$26,998 81 

27,100 00 

898 37 

428 18 



Whole amount of interest or profits received or earned . . . $30,005 18 
Rate and amount of each semi-annual dividend for > 2 per cent . ( 9,389 95 

previous year ) 2 per cent . ( 9,460 24 

Times for the dividends fixed by the by-laws : fourth Wednesday of 

April-and October. 
The total amount of loans, with each specified rate of interest: 

$10,000, 4 per cent; $12,500, 5 per cent; $12,000, 6 per cent; 

$272,059, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 247 

Aggregate amount of the same 236,959 00 

Amount of investments from which no income is received . . 3,634 06 

Number of open accounts 1,814 

Number and amount of deposits received for previous year, 4,426 84,361 26 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 63 31,391 03 

Number of deposits of $1,000 and upwards .... 150 



30 



BANK COMMISSIONERS' REPORT. [Jan. 



Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 11. 

Public Funds. 



1,154 
925 
747 
838 
17 
103 



15 

891 
158 
147 



157,752 60 


23,091 66 


12,113 66 


211,50:] 11 


5,953 00 


28,569 00 


4,661 00 


71,107 37 


955 91 


15,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 5s, 1881 



$5,000 



$5,112 50 



$5,393 75 



Bank 


Stock. 






Atlas Nat'l Bank, Boston 


$5,000 


$5,950 00 


$5,954 87 


City Nat'l Bank, Boston 


10,000 


11,500 00 


11,202 50 


Continental Nat'l Bank, Boston 


5,000 


5,150 00 


5,581 25 


Eagle Nat'l Bank, Boston 


5,000 


5,300 00 


5,864 50 


Freeman's Nat'l Bank, Boston 


5,000 


5,250 00 


5,662 75 


Massachusetts Nat'l Bank, Boston . 


10,000 


11,400 00 


12,301 99 


North Nat'l Bank, Boston 


5,000 


6,150 00 


6,032 62 


Howard Nat'l Bank, Boston . 


5,000 


5,650 00 


5,398 42 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,650 00 


5,855 50 


Merchandise Nat'l Bank, Boston . 


3,000 


3,000 00 


3,000 00 


Republic Nat'l Bank, Boston . 


5,000 


6,000 00 


6,480 00 


Revere Nat'l Bank, Boston 


3,800 


4,408 00 


4,799 50 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,300 00 


7,044 00 


Traders' Nat'l Bank, Boston . 


. 10,000 


10,100 00 


11,025 75 


Tremont Nat'l Bank, Boston . 


5,000 


5,850 00 


6,137 50 


Webster Nat'l Bank, Boston . 


5,000 


5,200 00 


5,403 00 


First Nat'l Bank, Lynn . 


5,000 


5,600 00 


5,958 50 


Grand Nat'l Bank, Marblehead 


1,800 


1,980 00 


2,021 00 


Asiatic Nat'l Bank, Salem 


1,380 


1,840 00 


1,912 25 


Exchange Nat'l Bank, Salem . 


3,300 


3,795 00 


4,135 00 


First Nat'l Bank, Salem 


3,700 


4,218 00 


4,829 88 


Mercantile Nat'l Bank, Salem 


3,700 


4,070 00 


4,223 25 


Merchants' Nat'l Bank, Salem 


200 


240 00 


273 25 


Salem Nat'l Bank, Salem 


5,000 


5,250 00 


5,768 50 


Beverly Nat'l Bank, Beverly . 


20,000 


23,000 00 


24,729 50 




$135,880 


$151,851 00 


$161,595 48 



Railroad Bonds. 



Eastern Railroad . 




$1,650 00 



$1,600 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



31 



BOSTON FIVE CENTS SAYINGS BANK — BOSTON. 

Incorporated April 7, 1854. Number of corporators, 50. 

Alonzo H. Evans, President. Treasurer, Curtis C. Nichols. 

Statement. 



Liabilities 


i. 


Assets. 




Deposits 


$7,920,102 52 


Public funds .... 


$1,451,000 00 


Earnings, undivided . 


224,832 15 


Loans on public funds . 


150,000 00 


Guaranty fund . 


95,250 26 


Bank stock .... 


357,587 50 






Loans on bank stock 


14,600 00 






Railroad bonds 


140,000 00 






Real estate .... 


139,507 83 






Real estate by foreclosure . 


276,870 10 






Loans on real estate 


4,435,583 97 






Loans on personal security . 


180,517 25 






Loans to counties, cities, or 








towns 


590,000 00 






Deposit in banks on interest . 


450,702 99 






Expense account . 


115 10 






Accrued interest . 


46,855 65 






Cash on hand .... 


6,844 54 




$8,240,184 93 


$8,240,184 93 



Loans on Public Funds, amount on each : 
On $150,000 United States 4s 



Loans on Bank Stock, amount on each : 
On 146 shares Maverick National Bank 

Cash on Deposit in Banks : — 
National Bank of the Commonwealth 
Merchandise National Bank 
National Bank of Commerce 
Third National Bank, Springfield 
Maverick National Bank 
Central National Bank 
National Security Bank 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7- per cent. 



$150,000 00 



$14,600 00 



$238,810 78 
36,408 20 
16,925 29 
50,000 00 
46,021 13 
17,989 12 
44,548 47 

$139,507 83 

170,000 00 

276,870 10 

340,550 00 

12,548 00 

7,083 67 

$447,343 98 
( 159,099 92 
1 151,178 91 



32 



BANK COMMISSIONERS' REPORT. 



[Jan. 



The total amount of loans, with each specified rate of interest: 
$45,000, 3 per cent; $290,000, 4 per cent; $181,500, 5 per cent; 
$782,800, 6 per cent; $27,500, 6£ per cent; $1,014,857.50, 6£ per 
cent; $164,673.42, Of per cent; $1,091,572.10, 7 per cent; $75,000, 
7^ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 227 

Aggregate amount of the same 

Amount of investments from which no income is received . 

Number of open accounts 63,019 

Number and amount of deposits received for previous year, 25,837 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 578 

Number of deposits of $1,000 and upwards . . .. 2,340 
Number and amount of deposits of $200 and less . . 4,381 
Number and amount of deposits of $100 and less . . 3,917 
Number and amount of deposits of $50 and less . . 41,651 
Number and amount of deposits held by women . . 23,293 
Number and amount of deposits held by guardians . . 101 
Number and amount of deposits held in trust . . . 3,933 
Number and amount of deposits held by charitable associa- 
tions 189 

Number and amount of withdrawals .... 33,608 
Number of accounts opened the previous year . . 4,042 
Number of accounts closed the previous year . . . 5,156 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : March 8. 

Public Funds. 



$418,730 00 
174,700 00 

1,239,419 23 

296,254 00 

605,663 54 
269,375 07 
313,719 55 
3,712,637 10 
39,054 63 
952,717 31 

65,904 07 
1,994,582 25 



29,691 13 
25,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

State bonds, Maine 

City bonds : — 
City of Cambridge .... 
of Chelsea .... 
of Boston .... 
of Salem ..... 
of Somerville .... 


$600,000 
50,000 

40,000 
114,000 
419,000 
100,000 
128,000 


$710,000 00 
56,000 00 

40,800 00 
120,000 00 
445,000 00 
102,500 00 
130,760 00 


$600,000 00 
50,000 00 

40,000 00 
114,000 00 
419,000 00 
100,000 00 
128,000 00 




$1,451,000 


$1,605,060 00 


$1,451,000 00 


Bank 


Stock. 






Third Nat'l Bank, Springfield 

Boston Nat'l Bank, Boston 

Hide and Leather Nat'l B'k, Boston, 


$10,000 
15,000 
32,500 


$15,700 00 
15,000 00 
35,100 00 


$10,000 00 
15,287 50 
32,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



33 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Republic Nat'l Bank, Boston . 
Second Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Rockland Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Commonwealth Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 




$15,000 
12,000 
25,000 
41,100 
17,100 
10,000 
29.500 
10,000 
20,000 
15,000 
20,000 
22,500 
4,700 
7,500 
28,000 
12,400 
10,000 


$19,200 00 
16,800 00 
46,250 00 
45,210 00 
19,665 00 
11,200 00 
34,515 00 
10,200 00 
23,600 00 
18,750 00 
22,200 00 
25,425 00 
6,298 00 
7,725 00 
28,560 00 
13,764 00 
9,500 00 ' 


$15,000 00 
12,000 00 
25,000 00 
41,100 00 
17,100 00 
10,000 00 
29,500 00 
10,000 00 
20,000 00 
15,000 00 
20,000 00 
22,500 00 
4,700 00 
7,500 00 
28,000 00 
12,400 00 
10,000 00 






$357,300 


$424,662 00 


$357,587 50 



Railroad Bonds. 



Eastern Railroad . 



$140,000 



$114,100 00 



$140,000 00 



34 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BOSTON PENNY SAVINGS BANK — BOSTON. 

Incorporated 1864. Number of corporators, 100. 
Eben Howes, President. Treasurer, Henry R. Reynolds. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$738,779 20 
2,150 02 
8,352 88 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Railroad bonds 
Real estate . ... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . 

Interest 

Cash on hand .... 


$66,512 50 

94,371 23 

4,550 00 

5,012 50 

115,000 00 

16,159 44 

408,954 20 

13,000 00 

12,867 30 

355 92 

9,933 99 

2,565 02 




$749,282 10 


$749,282 10 



Loans on Bank Stock, amount on each : — 

On 54 shares Everett National Bank $4,050 00 

On 5 shares Mechanics' National Bank 500 00 

Cash on Deposit in Banks : — 

Maverick National Bank $9,000 00 

National Hide and Leather Bank 3,867 30 

i 

Amount invested in real estate (for banking purposes) . . . $115,000 00 

Estimated value of the same 100,000 00 

Amount of real estate held by foreclosure 16,159 44 

Assessed value of the same 12,600 00 

Amount of income received from the same 700 00 

Amount of municipal tax on real estate 1,151 25 



Whole amount of interest or profits received or earned . . . $42,929 73 
Rate and amount of each semi-annual dividend for [ 2 per cent . ( 15,384 68 

previous year S 2 per cent . i 14,589 10 

Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$176,050, 6 per cent; $20,000, 6£ per cent; $199,354.20, 7 per cent: 

$23,800, 7i per cent; $7,300, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 30 

Aggregate amount of the same 54,829 20 

Number of open accounts 5,504 

Number and amount of deposits received for previous year, 2,125 83,799 43 



1880.] 



PUBLIC DOCUMENT — No. 8. 



35 



Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Feb. 14. 



29 

199 

474 

430 

2,630 

1,694 

10 

407 

3,016 

293 

772 



$13,416 05 

63,599 04 
27,367 45 
30,052 37 

312,573 09 

4,531 36 

86,602 73 

165,579 84 



4,719 86 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


• 


$60,000 


$61,925 00 


$66,512 50 


Bank Stock. 



Everett Nat'l Bank, Boston . 
Hide- and Leather Nat'l B'k, Boston, 
North America Nat'l Bank, Boston, 
Atlas Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston, 
Merchants' Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston 
State Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Howard Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 



$15,000 
10,000 
5,000 
5,000 
5,000 
2,500 
5,000 
5,000 
4,100 
4,800 
4,200 
1,100 
7,000 
5,000 
3,700 



$82,400 



$16,050 00 


11,100 00 


5,500 00 


6,000 00 


4,600 00 


3,375 00 


4,300 00 


5,300 00 


4,756 00 


4,992 00 


5,838 00 


1,298 00 


12,600 00 


5,700 00 


4,181 00 


$95,590 00 



$15,000 00 
10,000 00 

5,351 

5,771 

5,081 

3,525 

5,000 

6,200 

4,527 

4,860 

5,692 

1,224 
12,806 

5,631 

3,700 



12 

87 
25 
00 
00 
00 
75 
25 
25 
50 
00 
24 
00 



,371 23 



Railroad Bonds. 



36 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BRAINTREE SAVINGS BANK — SOUTH BRAINTREE. . 

1 ncorporated March 21, 1870. Number of corporators, 17. 
E. A. Hollingswokth, President. Treasurer, C. H. Hobart. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$71,802 51 

1,737 86 

553 80 


Public funds .... 

Bank stock .... 

Railroad bonds 

Real estate by foreclosure . 

Loans on reai estate 

Loans on personal security . 

Deposit in banks on interest . 


996 63 
9,739 75 

872 62 

3,322 69 

46,635 00 

KiO 50 
5,366 98 




$74,094 17 


$74,094 17 



Cash on Deposit in Bank: — 
Shawmut National Bank, Boston 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest 

$1,498.13, 4 per cent; $3,090, 5 per cent; $1,088.50, 6 per cent; 

$34,845.50, 7 per cent; $10,950, 7| per cent; $1,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 45 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Oct. 1. 



357 
198 

7 
2 

19 

42 

128 

101 

1 

21 

158 

35 

29 



$5,366 98 

$3,322 69 

2,900 00 

200 00 

36 25 

$4,536 41 
1,370 01 
1,387 55 



43,295 50 


13,509 74 


3,884 23 


2,963 95 


3,334 27 


2,606 29 


18,092 42 


262 29 


8,968 35 


15,480 67 


235 00 


5,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



37 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 

City bonds : — 
City of New Bedford 5s . 
of Fall River 6s 
of Boston 6s . 


$1,500 

3,000 
1,000 
2,000 


$1,533 75 

3,090 00 
1,088 50 
2,360 00 


$1,498 13 

3,090 00 
1,088 50 
2,320 00 




$7,500 


$8,071 25 


$7,996 63 


Bank Stock. 


Merchants' Nat'l Bank, Boston 
Union Nat'l Bank, Weymouth 
Manufacturers' Nat'l Bank, Boston, 
Union Market Nat'l B'k, Watertown, 
State Nat'l Bank, Boston 


1700 
2,200 
1,500 
3,200 
1,500 


$950 25 
2,266 00 
1,387 50 
3,264 00 
1,770 00 


$920 50 
2,591 50 
1,590 00 
3,021 50 
1,616 25 




$9,100 


$9,637 75 


$9,739 75 


Railroad Bonds. 


Eastern Railroad bonds . 


$1,000 


$835 00 


$872 62 



38 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BRIDGEWATER SAVINGS BANK — BRIDGEWATER. 

Incorporated March 19, 1872. Number of corporators, 18. 

Lloyd Parsons, President. Treasurer, Samuel P. Gates. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided. 
Guaranty fund . 
Suspense account 


$153,193 75 

5,652 92 

1,435 32 

31 00 


Public funds .... 

Bank stock .... 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Expense account . 

Cash on hand .... 


$7,030 00 
23,071 73 

9,500 00 

99,190 30 

18,749 30 

168 55 

2,603 11 




$160,312 99 


$160,312 99 



Cash on Deposit in Bank: — 
First National Bank, Boston 



$935 99 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$9,500 00 

7,300 00 

290 20 

97 70 



100 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent . ( 

previous year ) 2 per cent . \ 

Times for the dividends fixed by the by-laws : April 1 and Oct. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5-|-| per cent. 
The total amount of loans, with each specified rate of interest: 

$9,800, 6 per cent; $70,550, 7 per cent; $19,305.30, 7£ per cent; 

$17,909.30, 8 per cent; $375, 10 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate- amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 



$9,929 74 
3,146 92 
2,955 46 



. 


90,939 60 


. 


9,300 05 


654 




220 


19,750 62 


18 


8,606 43 


37 




440 


22,778 31 


340 


9,109 87 


260 


3,608 10 


274 


51,879 79 


5 


3,329 01 


19 


11,322 01 


508 


43,822 28 



1880.] 



PUBLIC DOCUMENT — No. 8. 



39 



Number of accounts opened the previous year .... 61 
Number of accounts closed the previous year .... 120 
Amount of expenses of the corporation during previous year . . $626 98 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : July 18. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s . 

City bonds: — 
City of Boston gold 5s, 1905 . 


§1,500 ! $1,537 50 

• 

5.000 ] 5,500 00 


11,492 50 
5,537 50 




$6,500 , $7,037 50 87,030 00 



Bank Stock. 



Blackstone Xat'l Bank, Boston 


87,000 


87,245 00 


810.294 12 


Merchants' Xat'l Bank, Boston 


1,000 


1,3S7 80 


1.391 24 


Washington Xat'l Bank, Boston 


300 


390 00 


444 00 


Boylston Xat'l Bank, Boston . 


1.300 


1.430 00 


1.859 00 


Eagle Xat'l Bank, Boston 


1.200 


1.320 00 


1.360 50 


Globe Xat'l Bank, Boston 


900 


933 75 


1.164 12 


Fourth Xat'l Bank, Boston 


1.000 


900 00 


1.002 50 


Blue Hill Nat'l Bank, Boston 


1.700 


1.700 00 


2,218 75 


Shawmut Xat'l Bank, Boston 


3,000 


3,337 50 


3.337 50 




817,400 


818,644 05 


823,071 73 






40 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BRIGHTON FIVE CENTS SAVINGS BANK* — WARD 25, BOSTON. 

Incorporated 1861. Number of corporators, 115. 
Horace W. Jordan, President. Treasurer, Jacob M. Taylor. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided, 

Guaranty fund . 


$214,086 40 

15,692 42 

1,887 36 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on reai estate. 
Deposit in banks on interest . 
Expense account . 
Suspense account . 
Casli on hand .... 


$5,490 00 

43,131 25 

51,879 12 

12(5,050 00 

1,509 76 

488 41 

3,034 84 

82 80 




$231,666 18 


$231,666 18 



$1,509 76 

$51,879 12 

36,000 00 

2,255 00 

429 67 

$10,193 77 



Cash on Deposit in Bank : — 
National Bank of Brighton 

Amount of real estate held by foreclosure . 
Assessed value of the same .... 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: January and July. 

Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6£ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,900, 6 per cent; $54,850, 7 per cent; $19,600, 7^ per cent; 

$2,300, 7£ per cent; $43,400, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 64 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals .... 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued March 23, 1878, and extended for one year 
March 22, 1879, to pay same amount of remainder of deposits. 





80,050 00 


. 


8,300 00 


940 




62 


1,352 74 


44 




120 


17,379 67 


117 


8,587 93 


386 


6,048 83 


347 


58,006 48 


4 


1,815 51 


155 


43,480 77 


8 


1,990 50 


571 


26,733 32 



1880.] 



PUBLIC DOCUMENT — No. 8. 



41 



Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Jan. 15. 



13 
5 



$1,409 41 
10,000 00 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Fall River water bonds 


$5,000 


$5,375 00 


$5,490 00 



Bank Stock. 



City Nat'l Bank, Boston 


$1,300 


$1,495 00 


$1,426 00 


Suffolk Nat'l Bank, Boston . 


1,000 


1,150 00 


1,208 25 


Webster Nat'l Bank, Boston . 


8,900 


8,900 00 


9,645 00 


Shawmut Nat'l Bank, Boston . 


400 


448 00 


400 00 


Brighton Nat'l Bank, Boston . 


16,100 


16,100 00 


19,401 00 


Market Nat'l B'k, Boston (Brighton), 


3,000 


4,050 00 


5,205 00 


Eliot Nat'l Bank, Boston 


1,500 


1,590 00 


1,732 50 


Central Nat'l Bank, Boston . 


500 


480 00 


500 00 


Metropolitan Nat'l Bank, Boston . 


1,200 


1,200 00 


1,236 00 


Freeman's Nat'l Bank, Boston 


500 


512 50 


670 00 


State Nat'l Bank, Boston 


1,000 


1,140 00 


1,132 50 


Howard Nat'l Bank, Boston . 


500 


565 00 


575 00 




$35,9C0 


$37,630 50 


$43,131 25 



42 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BRISTOL COUNTY SAVINGS BANK i — TAUNTON. 

Incorporated March 2, 1846. Number of corporators, 116. 

Joseph Wilbar, President. Treasurer, Charles H. Atwood. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,617,612 97 


Public funds .... 


$110,000 00 


Earnings, undivided . 


65,482 80 


Loans on public funds . 


1,000 00 


Guaranty fund . 


35,000 00 


Bank stock .... 


75,400 00 






Loans on bank stock 


3,775 00 






Railroad stock 


50,000 00 






Loans on railroad stock 


500 00 






Real estate .... 


20,000 00 






Real estate by foreclosure . 


226,767 21 






Loans on real estate 


1,705,011 42 






Loans on personal security . 


480,898 14 






Expense account . , 


562 24 






Suspense account . 


1,896 62 






Cash on hand . . 


42,285 14 




$2,718,095 77 


$2,718,095 77 



Loans on Public Funds, amount on each:- 
On $1,000 United States 4^s . . 

Loans on Railroad Stock, amount on each 
On 5 shares Boston and Albany Railroad . 

Loans on Bank Stock, amount on each: — 
On 15 shares Taunton National Bank 
On 15 shares Taunton National Bank 
On 1 share Bristol County National Bank . 
On 2 shares Bristol County National Bank 

Cash on Deposit in Banks : — 
Machinists' National Bank, Taunton 
First National Bank, Boston 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for previous year 

(April 2 per cent, October dividend passed) .... 
Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans, with each specified rate of interest 

§3,800, 4 per cent; $3,552, 5 per cent; $92,885.26, 6 per cent; 

$2,090,947.30, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each j 442 

« An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding fifteen per cent each six months, was issued May 6, 1878, and extended for one year, 
May 6, 1879, limiting payments to twenty per cent of the remainder of deposit each six months. 



. $1,000 00 

$500 00 

. $2,000 00 

1,500 00 

75 00 

200 00 



$40,801 40 
19 

$20,000 00 

40,000 00 

226,767 21 

194,550 00 

7,891 27 

3,062 73 

$147,397 87 
54,827 13 



1880.] 



PUBLIC DOCUMENT — No. 8. 



43 



Aggregate amount of the same $1,359,090 00 

Number of open accounts 7,737 

Number and amount of deposits received for previous year, 1,268 196,413 96 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 46 27,389 39 

Number of deposits of $1,000 and upwards .... 878 
Number and amount of deposits of $200 and less . . .880 127,049 00 
Number and amount of deposits of $100 and less . . .798 32,235 00 
Number and amount of deposits of $50 and less . . 2,325 42,004 00 
Number and amount of deposits held by women . . 3,755 1,143,224 00 
Number and amount of deposits held by guardians . . 42 25,495 00 
Number and amount of deposits held in trust . . . 657 409,825 00 
Number and amount of deposits held by charitable associa- 
tions .30 26,514 00 

Number and amount of withdrawals .... 5,095 407,282 44 

Number of accounts opened the previous year . . . 325 

Number of accounts closed the previous year . . . 332 

Amount of expenses of the corporation during previous year . 7,353 43 

Amount of treasurer's bonds 40,000 00 

Date of examination by commissioner : May 6. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 
" " 4^s, coupon 
" " 4^-s, registered . 
" " 5s, 1881 . 


$40,500 
30,000 
10,000 
29,500 


$42,676 87 
31,762 50 
10,587 50 
30,495 62 


$40,500 00 
30,000 00 
10,000 00 
29,500 00 




$110,000 


$115,522 49 


$110,000 00 



Bank Stock. 






Machinists' Nat'l Bank, Taunton 


$16,200 


$27,540 00 


$16,200 00 


Bristol County Nat'l Bank, Taunton 


4,400 


6,380 00 


4,400 00 


Taunton Nat'l Bank, Taunton 


700 


945 00 


700 00 


Nat'l Bank of Fairhaven 


2,000 


1,350 00 


2,000 00 


Third Nat'l Bank, Springfield 


10,000 


15,000 00 


10,000 00 


Boston Nat'l Bank, Boston 


4,000 


4,080 00 


4,000 00 


First Nat'l Bank, Boston 


10,000 


18,000 00 


10,000 00 


Hide and Leather Nat'l B'k, Boston 


500 


545 00 


500 00 


Metropolitan Nat'l Bank, Boston . 


4,000 


4,000 00 


4,000 00 


Rockland Nat'l Bank, Roxbury 


3,100 


3,720 00 


3,100 00 


Merchants' Nat'l Bank, Boston 


10,000 


13,500 00 


10,000 00 


Exchange Nat'l Bank, Boston 


1,500 


2,100 00 


1,500 00 


North Nat'l Bank, Boston 


5,000 


6,150 00 


5,000 00 


Mount Vernon Nat'l Bank, Boston 


2,000 


1,900 00 


2,000 00 


North America Nat'l Bank, Boston 


2,000 


2,460 00 


2,000 00 




$75,400 


$107,670 00 


$75,400 00 



Railroad Bonds. 



Boston, Clinton, and Fitch burg Rail- 
road (preferred) . 




$50,000 00 



44 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BROADWAY SAVINGS BANK — LAWRENCE. 

Incorporated 1872. Number of corporators, 26. 
John Fallon, President. Treasurer, Gilbert E. Hood. 

Statement. 



Liabilities. 


A8SETS. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Balance of Smith 
fund . 


$974,279 92 

27,523 92 

4,500 00" 

60,154 81 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Cash on hand .... 


$221,400 00 

127.900 00 

2.540 00 

140,300 00 

190,00:', 00 

3-2.072 79 

329,102 05 

21,574 21 




$1,006,458 65 


$1,066,458 65 



Loans on Bank Stock, amount on each: — 
On 27 shares Lawrence National Bank, Lawrence 

Cash on Deposit in Banks : — 
National Exchange Bank, Boston 
Maverick National Bank, Boston 
Lawrence National Bank, Lawrence . 



Amount of real estate held by foreclosure 
Assessed value of the same 



Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: third Wednesday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$12,500, 6 per cent; $213,621.79, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 175 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,357 

Number of deposits of $1,000 and upwards .... 320 
Number and amount of deposits of $200 and less . . 1,918 
Number and amount of deposits of $100 and less . . 1,567 
Number and amount of deposits of $50 and less . . 1,284 
Number and amount of deposits held by women . . 1,377 
Number and amount of deposits held by guardians ... 22 
Number and amount of deposits held in trust .... 186 
Number and amount of deposits held by charitable associa- 
tions 4 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : April 5. 



$2,546 00 



$136,431 97 

172,730 68 

20,000 00 

$140,300 00 
107,925 00 

$50,828 45 



145,071 79 
5,700 00 



94,008 87 
36,593 90 
15,734 81 
359,366 52 
10,452 37 
92,519 78 

1,314 06 

2,985 20 

20,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



45 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s. registered . 

City bonds : — 
City of Portland, Me. 
of Augusta, Me. 

of Bath, Me 

of Lewiston, Me. 


$200,000 

1,000 

1,600 

15,000 

3,000 


$204,000 00 

1,090 00 

1,690 00 

15,300 00 

3,321 75 


$200,000 00 

1,020 00 

1,660 00 

15,540 00 

3,180 00 




$220,600 


$225,401 75 


$221,400 00 



Bank Stock. 



Lawrence Nat'l Bank, Lawrence 


$7,800 


$7,410 00 


$7,800 00 


Bay State Nat'l Bank, Lawrence 


4,850 


6,912 00 


6,400 00 


City Nat'l Bank, Boston . 


4,400 


5,060 00 


4,400 00 


Commerce Nat'l Bank, Boston 


10,000 


11,300 00 


10,000 00 


Eagle Nat'l Bank, Boston 


5,000 


5,275 00 


5,000 00 


Eliot Nat'l Bank, Boston 


5,000 


5,375 00 


5,000 00 


Everett Nat'l Bank, Boston . 


5,000 


5,150 00 


5,000 00 


Globe Nat'l Bank, Boston 


3,300 


3,432 00 


3,300 00 


Hamilton Nat'l Bank, Boston . 


5,000 


5,775 00 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


1,500 


1,665 00 


1,500 00 


Howard Nat'l Bank, Boston . 


5,000 


5,650 00 


5,000 00 


Manufacturers' Nat'l Bank, Boston, 


5,000 


4,575 00 


5,000 00 


Market Nat'l Bank, Boston . 


5,000 


5,050 00 


5,000 00 


North America Nat'l Bank, Boston, 


5,000 


5,500 00 


5,000 00 


State Nat'l Bank, Boston 


5,000 


5,900 00 


5,000 00 


Shawmut Nat'l Bank, Boston 


7,600 


8,436 00 


7,600 00 


Shoe and Leather Nat'l B'k, Boston, 


10,000 


10,600 00 


10,000 00 


Suffolk Nat'l Bank, Boston . 


10,000 


11,700 00 


10,000 00 


Tremont Nat'l Bank, Boston . 


16,900 


19,942 00 


16,900 00 


Webster Nat'l Bank, Boston . 


5,000 


5,200 00 


5,000 00 




$126,350 


$139,907 00 


$127,900 00 



46 



BANK COMMISSIONERS' REPORT. 



[Jan. 



BROOKFIELD SAVINGS BANK — BROOKFIELD. 

Incorporated April 12, 1872. Number of corporators, 35. 

Emmons Twichell, President. Treasurer, Hibam P. Gerald. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$35,330 80 
831 00 
299 05 


Loans on real estate 

Loans on personal security . 

Deposit in banks on interest . 

Expense account . 

Cash on hand .... 


$25,350 00 

9,425 00 

1,447 48 

150 00 

88 37 




$36,460 85 


$36,460 85 



Cash on Deposit in Banks : — 
Boston Safe Deposit and Trust Company . 
Worcester Safe Deposit and Trust Company 



$6 47 
1,441 01 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for i 2-fc per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : July 1 and Jan. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5-|- per cent. 
The total amount of loans, with each specified rate of interest: 

$27,775, 6 per cent; $6,750, 7 per cent; $250, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each • . .40 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
"Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 4. 



:l 



230 

128 

7 

5 

177 

135 

98 

99 

1 

9 

153 

37 

55 



$2,309 28 
890 28 
703 77 



30,775 00 
11,639 85 



3,790 00 



10,120 30 


4,022 43 


1,688 54 


12,932 69 


1,353 63 


2,388 18 


15,947 53 


194 45 


10,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



47 



BROOKLINE SAVINGS BANK — BROOKLINE. 

Incorporated Feb. 24, 1871. Number of corporators, 56. 
"William H. Lincoln, President. Treasurer, "W. E. Lincoln. 

Statement. 



Liabilities. 


Assets. 




Deposits 


$95,015 53 


Public funds .... 


$3,691 25 


Earnings, undivided . 


2,010 09 


Bank stock .... 


21,905 63 


Guaranty fund . 


746 14 


Real estate by foreclosure . 


7,857 11 


S. E. Gardner . 


10 00 


Loans on real estate 


54,056 00 






Deposit in banks on interest . 


6,349 14 






Expense account . 


338 88 






Accrued interest . 


1,822 59 






Premium on public funds 


1,402 08 






Safes and furniture 


300 00 






Cash on band .... 


59 08 




$97,781 76 


$97,781 76 



Cash on Deposit in Bank : — 
Central National Bank 



$6,349 14 

$7,857 11 

5,100 00 

500 00 

64 26 

$5,621 68 
1,741 42 
1,677 72 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount" of income received from the same per annum, about 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 2 per cent 
previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 

The total amount of loans, with each specified rate of interest 
$8,687.50, 6 per cent; $12,000, 6£ per cent; $27,150, 7 per cent; 
$2,000, 7i per cent; $4,218.50, 8 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 28 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa- 
tions 3 249 99 



. 


36,056 00 


. 


1,416 78 


755 




871 


26,012 44 


10 


5,011 03 


13 




102 


14,243 75 


109 


7,918 37 


403 


5,725 54 


259 


34,702 99 


3 


633 00 


225 


19,165 42 



48 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals 568 

Number of accounts opened the previous year . . . . 152 
Number of accounts closed the previous year .... 143 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Nov. 29. 



$0,250 55 



1,000 00 
5,000 00 



Public Funds. 



Tar Value. 



Brookline water loan 7s, 1898 . 



-$4,000 



Estimated 
Market Value. 



$5,093 33 



Amount Invested. 



$3,691 25 



Bank 


Stock. 






City Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Central Nat'l Bank, Boston . 


$8,500 
5,000 
1,800 
3,700 
1,800 


. $9,775 00 
4,800 00 
2,088 00 
4,070 00 
1,800 00 


$9,192 50 
5,000 00 
1,964 13 
4,057 00 
1,692 00 




$20,800 


$22,533 00 


$21,905 63 



1880.] 



PUBLIC DOCUMENT — No. 8. 



49 



CAMBRIDGEPORT SAVINGS BANK — CAMBRIDGE. 

Incorporated March 16, 1853. Number of corporators, 11. 
Benjamin Tllton, President. Treasurer, Edward Hyde. 

Statement. 



Liabilities 


. 


Assets. 




Deposits 

Earnings, undivided . 

Guaranty fund . 


$1,892,064 77 
36,127 86 
18,000 00 


Public funds .... 
Batik stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . 
Cash on hand .... 


$351,100 00 

106,854 00 

88,100 22 

1,151,574 95 

83,118 00 

158,015 00 

4,845 23 

2,585 23 




$1,946,192 63 


$1,946,192 63 



Cash on Deposit in Banks: — 

First National Bank, Cambridge $97,515 00 

Cambridgeport National Bank . . , 60,500 00 

Amount of real estate held by foreclosure ($28,891.01 not acquired), $116,991 23 

Assessed value of the same 132,475 00 

Amount of income received from the same 7,410 13 

Amount of municipal tax on real estate 2,139 56 



Whole amount of interest or profits received 

Rate and amount of each semi-annual dividend for I 2 per cent . 

previous year ) 2 per cent . 

Times for the dividends fixed by the by-laws : third Wednesday of 

January and July. 
The total amount of loans, with, each specified rate of interest: 

$50,000, 3f per cent; $74,450, 6 per cent; $723,820.87, 6£ per cent; 

$190,570.72, 7 per cent; $84,207.33, 7^ per cent; $111,644.03, 7£ 

per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 337 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 5,526 

Number and amount of deposits received for previous year, 4,116 
Number and amount of deposits of and exceeding $300 at any 



$110,939 36 
f 36,413 62 
I 36,395 44 



one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 

7 



. 170 

. 25 

. 268 

. 658 

. 386 
2,123 

. 42 

. 568 



455,323 12 
12,196 25 

328,883 71 

85,409 00 

34,443 00 
47,454 00 
16,886 00 

757,365 59 
21,323 00 

282,024 00 



50 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by charitable associa- 
tions 56 $44,901 90 

Number and amount of withdrawals 3,837 307,360 33 

Number of accounts opened the previous year .... 785 
Number of accounts closed the previous year .... 805 
Amount of expenses of the corporation during previous year . . 6,000 00 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner; May 20. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, coupon 

14 " 4s, registered . 


$75,000 

275,000 

1,100 


$76,500 00 

280,500 00 

1,122 00 


$75,000 00 

275,000 00 

1,100 00 




$351,100 


$358,122 00 


$351,100 00 



Bank Stock. 



Eliot Nat'l Bank, Boston 


$4,000 


$4,280 00 


$4,000 00 


Webster Nat'l Bank, Boston . 


7,500 


7,800 00 


7,500 00 


Commerce Nat'l Bank, Boston 


5,600 


5,880 00 


5,600 00 


Blackstone Nat'l Bank, Boston 


5,000 


5,087 50 


5,000 00 


Washington Nat'l Bank, Boston 


5,000 


6,350 00 


5,000 00 


Hamilton Nat'l Bank, Boston . 


10,000 


11,000 00 


10,000 00 


Tremont Nat'l Bank, Boston . 


10,000 


11,400 00 


10,000 00 


Suffolk Nat'l Bank, Boston . 


15.000 


16,950 00 


15,000 00 


Globe Nat'l Bank, Boston 


5,000 


5,100 00 


5,000 00 


Union Nat'l Bank, Boston 


20,600 


26,780 00 


29,179 00 


Cambridge City Nat'l B'k, Camb'ge, 


1,400 


2,170 00 


1,400 00 


Cambridgeport Nat'l B'k, Camb'gep't, 


4,000 


6,200 00 


4,175 00 


First Nat'l Bank, Boston 


5,000 


7,750 00 


5,000 00 




$98,100 


$116,747 50 


$106,854 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



51 



CAMBRIDGE SAVINGS BANK — CAMBRIDGE. 

Incorporated April 2, 1834. Number of corporators, 74. 
Charles W. Sever, President. Treasurer, James M. Thurston. 

Statement. 



Liabilities. i 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Interest received 


$1,631,185 94 
21,709 62 
14,400 00 
11,675 83 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in banks on interest . 

Expense account . 

Tax account .... 

Insurance account . 

Cash on hand .... 


$233,547 50 

257,044 23 

400 00 

155,787 91 

954,684 00 

• 59,300 00 

7,833 28 

1,437 39 

1,315 74 

166 40 

7,454 94 




$1,678,971 39 


$1,678,971 39 



Loans on Bank Stock, amount on each: — 
On 4 shares Merchants' National Bank, Boston 

Cash on Deposit in Bank : — 
Charles River National Bank, Cambridge . 

Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : fourth Thursday of 

January and July. 
The total amount of loans, with each specified rate of interest: 

$6,000, 5£ percent; $123,601, 6 per cent; $221,425, 6£ per cent; 

$384,875, 7 per cent; $246,933, 71 per cent; $31,550, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . ." . . . . . 354 

Aggregate amount of the same 

Number of open accounts .4,780 

Number and amount of deposits received for previous year, 3,153 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . ,""'•'» . . . 102 



$400 00 



$7,833 28 

$155,787 91 

162,000 00 

7,440 00 

2,592 00 



.481 46 
32,126 35 
31,734 66 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



, 630 
, 578 
, 494 
1,360 
2,622 
. 29 
. 557 



502,208 00 

176,767 23 

53,527 96 

81,322 15 
35,871 92 
22,698 57 

865,626 53 
16,452 55 

248,167 30 



52 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 
Number of accounts closed the previous year .... 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 25,000 00 

Date of examination by commissioner: May 7. 



45 


$16,675 32 


3,276 


274,771 45 


WIT) 




•382 




. 


5,859 50 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 

City bonds: — 
City of Newburyport 6s . 
of Fitchburg 6s 
of Fall River 6s 
of Lowell 6s . 
of Cambridge 6s 
of Cambridge 6s 


$130,000 

18,000 
25,000 
20,000 
20,000 
12,000 
10,000 


$133,900 00 

19,800 00 
27,562 50 
22,075 00 
22,100 00 
13,680 00 
11,400 00 


$130,000 00 

18,090 00 
25,125 00 
19,000 00 
19,400 00 
11,760 00 
10,172 50 


V 


$235,000 


$250,517 50 


$233,547 50 



Bank 


Stock. 






Atlas Nat'l Bank, Boston 


$15,900 


$19,080 00 


$19,054 25 


Boston Nat'l Bank, Boston 


26,500 


28,222 00 


29,134 37 


Continental Nat'l Bank, Boston 


1,800 


1,854 00 


2,203 25 


Eliot Nat'l Bank, Boston 


10,700 


11,502 00 


12,489 12 


Freeman's Nat'l Bank, Boston 


900 


945 00 


997 25 


Globe Nat'l Bank, Boston 


3,800 


3,952 00 


5,501 51 


Hamilton Nat'l Bank, Boston 


9,300 


10,788 00 


11,590 00 


Howard Nat'l Bank, Boston . 


11,400 


13,025 00 


12,831 49 


Merchants' Nat'l Bank, Boston 


13,400 


18,827 00 


18,207 25 


Market Nat'l Bank, Boston . 


3,400 


3,434 00 


3,757 63 


State Nat'l Bank, Boston 


5,000 


5,925 00 


5,481 25 


Suffolk Nat'l Bank, Boston . 


14,500 


16,965 00 


17,836 50 


Third Nat'l Bank, Boston 


10,000 


8,500 00 


10,598 12 


Traders' Nat'l Bank, Boston . 


10,000 


10,200 00 


11,515 88 


Tremont Nat'l Bank, Boston . 


11,500 


13,512 00 


13,763 25 


Commerce Nat'l Bank, Boston 


11,300 


13,051 00 


13,866 99 


Eagle Nat'l Bank, Boston 


1,100 


1,171 00 


1,241 88 


Hide and Leather Nat'l B'k, Boston, 


2,800 


3,248 00 


3,144 00 


Revere Nat'l Bank, Boston 


14,600 


17,045 00 


17,499 99 


Union Nat'l Bank, Boston 


500 


686 00 


719 00 


Charles River Nat'l B'k, Cambridge, 


2.500 


3,750 00 


2,526 00 


Rockland Nat'l Bank, Roxbury 


3,000 


3,900 00 


4,625 25 


Newton Nat'l Bank, Newton . 


4,600 


5,290 00 


5,880 00 


Naumkeag Nat'l Bank, Salem 


5,000 


7,188 00 


7,800 00 


First Nat'l Bank, New Bedford 


6,000 


6,600 00 


7,420 00 


Commerce Nat'l Bank, New Bedford, 


5,000 


5,500 00 


6,160 00 


First Nat'l Bank, Leominster. 


10,000 


13,000 00 


11,200 00 




$214,500 


$247,160 00 


$257,044 23 



1880.] 



PUBLIC DOCUMENT — No. 8. 



53 



CANTON INSTITUTION FOR SAVINGS — CANTON. 

Incorporated 1835. Number of corporators, 31. 

Charles H. French, President. Treasurer, Francis W. Deane. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$334,479 55 
6,924 62 
5,679 96 



$347,084 13 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on reai estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 



$20,000 00 

36,631 37 

9,000 00 

19,750 00 

18.795 00 

183,836 00 
16,375 00 

36,000 00 

6,550 81 

145 95 



$347,084 13 



Loans on Bank Stock, amount on each : — 
On 90 shares First National Bank, Easton, Mass. 

Cash on Deposit in Bank: — 
Neponset National Bank, Canton, Mass. . 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$9,000 00 



$6,550 81 

$18,795 00 

20,400 00 

1,015 00 

247 54 



Whole amount of interest or profits received or earned . . . $21,958 04 
Rate and amount of each semi-annual dividend for 1 2 per cent . ( 6,082 69 

previous year .* ) 2 per cent . i 6,159 94 

Times for the dividends fixed by the by-laws: first Tuesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$36,000, 5 per cent; $64,800, 6 per cent; $144,361, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 184 

Aggregate amount of the same 187,411 00 

Amount of investments from which no income is received . . 9,600 00 
Number of open accounts ....... 1,221 

Number and amount of deposits received for previous year . 605 43,384 77 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 31 14,768 77 

Number of deposits of $1,000 and upwards .... 58 

Number and amount of deposits of $200 and less . . . 191 27,856 75 

Number and amount of deposits of $100 and less . , ♦ 160 11,451 44 



54 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of withdrawals . 

Number of accounts opened the previous year. 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination bv commissioner : Oct. 27. 



340 


$6,891 04 


557 


169,126 00 


4 


2,356 82 


45 


19,404 00 


445 


41,567 24 


138 




108 




. 


775 23 




10,000 00 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, consols 


$20,000 


$20,425 00 


$20,000 00 


Bank Stock. 



Neponset Nat'l Bank, Canton 
North Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Atlas Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
Freeman's Nat'l Bank, Boston 
Central Nat'l Bank, Boston . 
Blackstone Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$7,500 
1,700 
3,300 
2,500 
2,500 
5,000 
4,000 
2,500 
2,500 
2,500 
2,500 



$36,500 



$9,375 00 


2,091 


00 


3,407 


25 


2,637 


50 


3,000 00 


5,059 


62 


4,200 


00 


2,500 00 


2,562 


50 


2,628 


12 


2,653 


13 


$40,114 12 



$7,500 00 
1,700 00 
3,300 
2,500 
2,500 
5,059 
4,020 
2,386 
2,511 
2,500 
2,653 



00 
00 
00 
62 
50 
87 
25 
00 
13 



$36,631 37 



Railroad Bonds. 



Boston and Albany Railroad 7s 
Boston and Maine Railroad 7s 
Eastern Railroad 4|s 



$12,000 
5,000 
5,500 

$22,500 



$14,580 00 
6,031 25 
4,592 50 

$25,203 75 



$12,000 00 
5,000 00 
2,750 00 

$19,750 00 







1880.] 



PUBLIC DOCUMENT — No. 8. 



55 



CAPE ANN SAVINGS BANK — GLOUCESTER. 

Incorporated 1846. Number of corporators, 50. 

Gorham P. Low, President. Treasurer, George J. Marsh. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$887,533 24 


Public funds .... 


$134,400 00 


Earnings, undivided . 


7,848 31 


Loans on public funds . 


100 00 


Guaranty fund . 


23,700 00 


Bank stock . . 


151,435 00 


Surplus fund 


7,554 00 


Railroad bonds 


21,250 00 


Sundry accounts 


722 51 


Real estate .... 


7,000 00 






Real estate by foreclosure . 


5,740 19 






Loans on real estate 


448,121 33 






Loans on personal security . 


22,300 00 






Loans to counties, cities, or 








towns 


85,500 00 






Deposit in banks on interest . 


42,857 74 






Expense account . 


10 10 






Sundry accounts . 


1,592 39 






Cash on hand .... 


7,051 31 




$927,358 06 


$927,358 06 



Loan on Public Funds, amount on each 
On $100 United States 4s, registered . 



Cash on Deposit in Banks : — 
Maverick National Bank, Boston 
National Bank of Redemption, Boston 
Cape Ann National Bank, Gloucester 



$100 00 



$40,000 00 
2,857 74 
2,725 57 



Amount invested in real estate (for banking purposes 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the Same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$7,000 00 

7,000 00 

5,740 19 

6,300 00 

402 57 

360 40 



:■{ 



.945 93 
20,049 53 
20,897 39 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7^ per cent. 
The total amount of loans, with each specified rate of interest? 

$15,000, 4i per cent; $15,500, 5 per cent; $40,000, 5£ per cent; 

$39,600, 6 per cent; $445,921.33, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . • . . , . . .435 
Aggregate amount of the samp . . , • , . . . . 374,396 33 
Number of open accounts ....... 3,453 



56 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits received for previous year, 1,964 
Number and amount of deposits of and exceeding $300 at any 



one time for the previous year 

Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less . 
Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women . 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust 
Number and amount of deposits held by charitable associa- 
tions • 

Number and amount of withdrawals .... 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 13. 



1,964 


$124,348 44 


78 


38,403 25 


252 




2,204 


125,178 10 


1,685 


53,510 21 


1,374 


24,412 31 


525 


204,117 93 


3 


1,344 88 


34 


11,119 68 


6 


4,221 72 


2,435 


170,488 73 


. 501 




. 484 




. 


2,591 18 




10,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 4s, 1907, registered . 


$70,000 


$71,400 00 


$69,300 00 


City and town bonds : — 








Town of Brookline, 1889 


5,000 


6,250 00 


5,000 00 


City of Charlestown, 1891 




12,000 


13,680 00 


12,000 00 


of Cambridge, 1894 




10,000 


11,400 00 


9,600 00 


of Fall River, 1891 . 




8,000 


9,120 00 


8,000 00 


of Lowell, 1890 




10,000 


11,400 00 


9,800 00 


of Lawrence, 1894 . 




5,000 


5,700 00 


4,700 00 


Town of Northampton, 1892 




5,000 


5,700 00 


5,000 00 


City of Salem, 1891 




1,000 


1,140 00 


1,000 00 


of Somerville, 1884 




10,000 


11,400 00 


10,000 00 






$136,000 


$147,190 00 


$134,400 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Cape Ann Nat'l Bank, Gloucester 
City Nat'l Bank, Gloucester 
City Nat'l Bank, Boston. 
Central Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Everett Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Gloucester Nat'l Bank, Gloucester 
Georgetown Nat'l Bank, Georget'n, 



$10,000 

11,200 

8,500 

10,000 

5,000 

5,000 

10,000 

3,000 

4,000 

5,000 

5,000 



$11,900 00 


11,424 00 


12,750 00 


10,700 00 


5,750 00 


5,000 00 


10,500 00 


3,060 00 


4,200 00 


6,650 00 


5,000 00 



$10,000 00 

11,200 00 

8,500 00 

10,000 00 

5,000 00 

4,500 00 

10,000 00 

2,535 00 

4,000 00 

5,000 00 

5,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



57 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Howard Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
New England Nat'l Bank, Boston . 
North America Nat'l Bank, Boston, 
North Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Rockport Nat'l Bank, Rockport 
Second Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 


$5,000 
5,000 
4,000 

10,000 
9,100 

16,600 
5,000 
5,400 
5,000 
5,000 
5,000 


15,650 00 

6,850 00 

5,320 00 

10,000 00- 

11,193 00 

19,920 00 

6,050 00 

5,940 00 

6,850 00 

5,850 00 

5,550 00 


$5,000 00 
5,000 00 
4,000 00 
9,700 00 
10,000 00 
16,600 00 
5,000 00 
5,400 00 
5,000 00 
5,00.0 00 
5,000 00 




$151,800 


$176,107 00 


$151,435 00 



Railroad Bonds. 



Eastern Railroad . 




$35,275 00 



$21,250 00 



58 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAPE COD FIVE CENTS SAVINGS BANK i -HARWICH. 

Incorporated 1855. Number of corporators, 7'.). 

Prince S. Ckowell, President. Treasurer, Obed Bkooks. 

Statement. 



Liabilities. 


A8SET8. 




Deposits 


$272,847 49 


Bank stock .... 


352,440 08 


Earnings, undivided . 


6,517 62 


Real estate .... 


1,86k. 13 


Guaranty fund . 


6,121 33 


Real estate by foreclosure . 


25,752 68 






Loans on real estate 


78,348 70 






Loans on personal security . 


101,755 58 


• 




Loans to counties, cities, or 








towns 


2,132 50 






Deposit in banks on interest . 


22,792 K8 






Suspense account . 


332 59 






Cash on hand .... 


63 30 




$2fc5,486 44 


$285,4>,6 44 



Cash on Deposit in Bank : — 
Cape Cod National Bank, Harwich 



Amount invested in real estate (for banking purposes) . 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for previous year 

(2 per cent) 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans, with each specified rate of interest: 

$1,000, 5 percent; $24,973.27, 6 percent; $156,263.51, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 352 

Aggregate amount of the same 

Number of open accounts 1,927 

Number and amount of deposits received for previous year . 66 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .... 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 



11 

86 

433 

313 

634 

723 

43 

11 



$22,792 88 

$1,868 13 

1,868 13 

25,752 68 

22,000 00 

190 00 

215 00 

$20,458 06 
6,948 16 



1 An order regulating the payments of deposits for one year, limiting them to 
exceeding ten per eent each six months, was issued April 15, 1878, and extended 
to pay twenty per cent each six months of remainder of deposits. 



156,055 94 

21,489 77 

4,171 99 

13,178 22 

18,779 83 

22,168 43 

102,318 46 

7,438 27 

2,678 00 

an amount not 
April 15, 1879, 



1880.] 



PUBLIC DOCUMENT — No. 8. 



59 



Number and amount of withdrawals .... 
Number of accounts opened the previous year 
Number of accounts closed the previous year .... 153 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: July 26. 



1,711 $108,233 84 
26 



1,400 00 
20,000 00 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Cape Cod Nat'l Bank, Harwich 
First Nat'l Bank, Yarmouth . 
Shawmut Nat'l Bank, Boston . 
Republic Nat'l Bank, Boston 
Eleventh Ward Nat'l Bank, Boston, 
Hide and Leather Nat'l B'k, Boston, 
Blackstone Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
North America Nat'l Bank, Boston, 
State Nat'l Bank, Boston 


$12,200 
10,700 
3,200 
1,500 
2,805 
2,000 
2,700 
1,700 
3,000 
1,600 
4,400 


$15,250 00 
13,241 25 
3,55'2 00 
1,826 25 
660 00 
2,192 50 
2,700 00 
1,874 25 
3,045 00 
1,604 00 
4,966 50 


$12,687 75 
16,322 50 
3,596 33 
1,950 00 
2,805 00 
1,965 00 
2,070 00 
1,848 25 
3,000 00 
1,600 00 
4,595 25 




$45,805 


$50,911 75 


$52,440 08 



60 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CENTRAL SAVINGS BANK — LOWELL. 

Incorporated March 3, 1871. Number of corporators, 91. 

Oliver H. Moulton, President. Treasurer, Samuel A. Chase. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Due Merchants' Nat'l 
Bank of Lowell 


$858,579 90 

14,432 88 

9,500 00 

27,240 97 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 


$23,000 00 

200,333 7.5 

2,700 00 

135,350 00 

487,520 00 
60,850 00 




$909,753 75 


$909,753 75 



Loans on Bank Stock, amount on each: — 
On 30 shares Merchants' National Bank, Lowell 



$2,700 00 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$135,350 00 

107,250 00 

8,751 9(5 

1,884 89 



Whole amount of interest or profits received $55,804 83 

Rate and amount of each semi-annual dividend for ) 2 per cent . ( 19,273 18 

previous year ) 2 per cent . ( 18,775 63 

Times for the dividends fixed by the by-laws: first Saturday of 

May and November. 
The total amount of loans, with each specified rate of interest: 

$303,900, 6 percent; $29,500, 6£ per cent; $187,630, 7 per cent; 

$4,000, 7 T 8 o per cent; $18,640, 71 per cent; $33,200, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 88 

Aggregate amount of the same 135,920 00 

Amount of investments from which no income is received . . 25,000 00 

Number of open accounts 2,602 

Number and amount of deposits received for previous year, 1,437 113,245 19 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year . ., 91 47,368 00 

Number of deposits of $1,000 and upwards . . . . 251 
Number and amount of deposits of $200 and less . . . 376 50,348 92 
Number and amount of deposits of $100 and less . . . 247 16,766 85 
Number and amount of deposits of $50 and less . . . 620 12,530 36 
Number and amount of deposits held by women . . 1,069 331,059 32 
Number and amount of deposits held by guardians ... 8 2,658 04 
Number and amount of deposits held in trust .... 499 135,762 62 
Number and amount of deposits held by charitable associa- 
tions 35 8,594 06 

Number and amount of withdrawals .... 2,363 289,614 15 







1880.] 



PUBLIC DOCUMENT — No. 8. 



61 



Number of accounts opened the previous year .... 380 
Number of accounts closed the previous year .... 640 
Amount of expenses of the corporation during previous year . . $4,166 58 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : May 21. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds: — 
City of Haverhill .... 
Town of Methuen . 


$4,000 
19,000 


$4,300 00 
20,500 00 


$4,000 00 
19,000 00 




$23,000 


$24,800 00 


$23,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$10,000 


$13,925 00 


$14,000 00 


Blackstone Nat'l Bank, Boston 


8,700 


8,939 25 


11,100 00 


Boston Nat'l Bank, Boston 


5,000 


5,112 50 


6,000 00 


Central Nat'l Bank, Boston . 


20,000 


20,000 00 


20,000 00 


City Nat'l Bank, Boston . 


10,000 


11,500 00 


12,000 00 


Commerce Nat'l Bank, Boston 


9,800 


10,804 50 


9,800 00 


Eliot Nat'l Bank, Boston 


9,500 


9,785 00 


11,000 00 


Hide and Leather Nat'l B'k, Boston, 


1,500 


1,650 00 


1,600 00 


Market Nat'l Bank, Boston . 


5,000 


5,050 CO 


5,500 00 


Maverick Nat'l Bank, Boston . 


1,000 


1,850 00 


1,217 50 


Merchants' Nat'l Bank, Boston 


5,000 


6,850 00 


6,756 25 


Metropolitan Nat'l Bank, Boston . 


2,000 


2,000 00 


2,000 00 


Redemption Nat'l Bank, Boston 


6,000 


7,800 00 


8,000 00 


Republic Nat'l Bank, Boston . 


2,700 


3,307 50 


3,415 50 


Second Nat'l Bank, Boston 


7,000 


9,660 00 


10,000 00 


Shawmut Nat'l Bank, Boston . 


6,300 


6,993 00 


8,086 00 


Suffolk Nat'l Bank, Boston . 


5,000 


5,750 00 


6,112 50 


Shoe and Leather Nat'l B'k, Boston, 


4,200 


4,431 00 


5,000 00 


Webster Nat'l Bank, Boston . 


2,400 


2,502 00 


2,400 00 


Appleton Nat'l Bank, Lowell . 


10,000 


16,000 00 


16,962 50 


First Nat'l Bank, Lowell 


2,000 


2,800 00 


2,740 00 


Merchants' Nat'l Bank, Lowell 


15,000 


17,250 00 


18,350 00 


Old Lowell Nat'l Bank, Lowell 


4,700 


5,405 00 


6,092 00 


Prescott Nat'l Bank, Lowell . 


1,000 


1,300 00 


1,000 00 


Railroad Nat'l Bank, Lowell . 


1,000 


1,120 00 


1,201 50 


Georgetown Nat'l Bank, Georgetown, 


10,000 


10,000 00 


10,000 00 




$164,800 


$191,784 75 


$200,333 75 



62 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CHARLESTOWN FIVE CENTS SAVINGS BANK i — BOSTON. 
Incorporated April 7, 1854. Number of corporators, 124. 
P. J. Stone, President. Treasurer, Amos Stone. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,501,256 70 


Public funds .... 


$300,000 00 


Earnings, undivided . 


1H(>,344 96 


Bank stock .... 


633,816 00 


Guaranty fund . 


25,000 00 


Loans on bank stock 


24,500 00 






Real estate .... 


120,000 00 






Real estate by foreclosure . 


309,650 00 






Loans on real estate 


1,193,185 00 






Loans on personal security . 


30,000 00 






Loans to counties, cities, or 








towns 


30,000 00 






Deposit in banks on interest . 


65,983 15 






Cash on hand .... 


5,467 51 




$2,712,601 66 


$2,712,601 66 



Loans on Bank Stock, amount on each: — 
On 90 shares Bunker Hill National Bank, 10 shares Monument 

National Bank, and 10 shares Union National Bank 
On 88 shares Monument National Bank .... 



Cash on Deposit in Banks: — 
Maverick National Bank . 
Monument National Bank . 



$14,000 00 
10,500 00 

$59,545 11 
6,438 04 

$120,000 00 

120,000 00 

309,650 00 

288,700 00 

5,697 36 

8,223 53 

$150,600 99 
51,220 00 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of one semi-annual dividend for previous year 

2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7£ per cent. 
The total amount of loans, with each specified rate of interest: 

$30,000, 4£ per cent; $3,000, 5 per cent; $17,100, 5£ per cent; 

$341,900, 6 per cent; $122,500, 6£ per cent; $685,750, 7 per cent; 

$16,900, 7 t 8 q per cent; $38,600, 7* per cent; $21,935, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 405 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued April 18, 1878, and extended one year from 
April 15, 1879, limiting payments to twelve and one-half per cent of the remainder of deposits 
each 6ix months. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



63 



Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 8,739 

Number and amount of deposits received for previous year, 1,160 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 34 

Number of deposits of $1,000 and upwards 417 

Number and amount of deposits of $200 and less .. . . 842 
Number and amount of deposits of $100 and less . . . 772 
Number and amount of deposits of $50 and less . . 3,224 
Number and amount of deposits held by women . . 4,179 
Number and amount of deposits held by guardians . . .74 
Number and amount of deposits held in trust . . . 1,231 
Number and amount of deposits held by charitable associa- 
tions 53 

Number and amount of withdrawals .... 6,712 
Number of accounts opened the previous year. . . . 137 
Number of accounts closed the previous year .... 294 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bonds 

Date of examination by commissioner: Feb. 7. 



$684,165 00 
34,400 00 

47,356 61 

17,782 14 

119,531 34 

45,857 85 

47,258 11 

1,065,116 71 

34,889 92 

655,009 34 

37,414 46 

448,945 85 



5 ? 446 71 
30,000 00 



Public Funds. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s . 


$300,000 


$315,000 00 


$300,000 00 



Bank Stock. 



Boylston Nat'l Bank, Boston . 


$9,300 


$9,834 00 


$0,300 00 


Continental Nat'l Bank, Boston 


44,000 


44,880 00 


44,000 00 


North Nat'l Bank, Boston 


14,000 


17,640 00 


16,000 00 


Hide and Leather Nat'l B'k, Boston, 


37,000 


40,561 00 


37,000 00 


Revere Nat'l Bank, Boston 


20,700 


21.942 00 


20,700 00 


Shoe and Leather Nat'l B'k, Boston, 


16,100 


16,985 00 


16,070 00 


Eliot Nat'l Bank, Boston 


30,000 


31,500 00 


34,700 00 


Redemption Nat'l Bank, Boston 


15,600 


18,720 00 


20,900 00 


Maverick Nat'l Bank, Boston . 


13,200 


24,420 00 


12,900 00 


Webster Nat'l Bank, Boston . 


17,100 


17,826 00 


17,100 00 


Howard Nat'l Bank, Boston . 


30,400 


34,656 00 


32,600 00 


Traders' Nat'l Bank, Boston . 


12,000 


12,120 00 


12,000 00 


Republic Nat'l Bank, Boston . 


24,200 


29,524 00 


27,100 00 


Market Nat'l Bank, Boston . 


14,300 


14,443 00 . 


14,300 00 


Third Nat'l Bank, Boston 


500 


425 00 


500 00 


Suffolk Nat'l Bank, Boston . 


18,500 


21,275 00 


22,800 00 


State Nat'l Bank, Boston 


16,100 


18,515 00 


16,100 00 


Globe Nat'l Bank, Boston 


3,500 


3,640 00 


3,300 00 


City Nat'l Bank, Boston 


9,000 


10,350 00 


9,000 00 


Washington. Nat'l Bank, Boston 


11,900 


15,172 00 


14,240 00 


Tremont Nat'l Bank, Boston . 


12,000 


13,920 00 


12,000 00 






64 



BANK COMMISSIONERS' REPORT. 
Bank Stock — Concluded. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Merchants' Nat'l Bank, Boston 


$7,200 


$9,864 00 


$10,500 00 


First Nat'l Bank, Boston 


2,000 


3,605 00 


1,985 00 


Atlas Nat'l Bank, Boston 


35,800 


42,602 00 


38,900 00 


Commerce Nat'l Bank, Boston 


26,300 


28,995 00 


26,300 00 


Blackstone Nat'l Bank, Boston 


15,800 


16,234 00 


15,700 00 


Metropolitan Nat'l Bank, Boston . 


4,800 


4,800 00 


4,800 00 


Freeman's Nat'l Bank, Boston 


10,000 


10,500 00 


9,300 00 


Columbian Nat'l Bank, Boston 


5,000 


6,875 00 


6,400 00 


First Ward Nat'l Bank, Boston 


12,700 


9,525 00 


12,500 00 


Blue Hill Nat'l Bank, Boston 


5,300 


4,929 00 


5,300 00 


Bunker Hill Nat'l Bank, Boston . 


25,000 


42,000 00 


28,600 00 


Monument Nat'l Bank, Boston 


7,000 


11,585 00 


8,000 00 


Market Nat'l Bank, Brighton 


2,700 


3,645 00 


2,700 00 


Brighton Nat'l Bank, Brighton 


2,900 


2,465 00 


2,726 00 


First Nat'l Bank, Lynn . 


21,700 


24,955 00 


25,300 00 


Newton Nat'l Bank, Newton . 


2,400 


2,412 00 


2,295 00 


Andover Nat'l Bank, Andover 


2,400 


2,712 00 


2,400 00 


Wachusett Nat'l Bank, Fitchburg . 


7,500 


11,250 00 


7,500 00 


Railroad Nat'l Bank, Lowell . 


15,000 


17,100 00 


15,000 00 


Home Nat'l Bank, Brockton . 


15,000 


12,000 00 


15,000 00 




$595,900 


$686,401 00 


$633,816 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



65 



CHELSEA SAVINGS BANK — CHELSEA. 

Incorporated April, 1854. Number of corporators, 253. 
John H. Osgood, President. Treasurer, John F. Fellows. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,061,833 87 


Public funds .... 


$248,875 00 


Earnings, undivided . 


10,589 12 


Bank stock .... 


56,314 55 


Guaranty fund . 


9,461 00 


Real estate .... 


14,056 63 


Balance due estates 




Real estate by foreclosure . 


47,474 77 


sold by foreclosure, 


99 88 


Loans on real estate 


619,661 66 






Loans on personal security . 


6,575 00 






Loans to counties, cities, or 








towns 


70,407 50 






Deposit in banks on interest . 


11,335 13 






-Expense account . 


2,038 42 






Cash on haud .... 


5,245 21 




$1,081,983 87 


$1,081,983 87 



Cash on Deposit in Bank : — 
Hamilton National Bank, Boston 



. $11,335 13 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$14,056 63 

12,700 00 

47,474 77 

60,700 00 

2,692 75 

783 27 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent . ( 

previous year . . . . . . . . ) 2 per cent • i 

Times for the dividends fixed by the by-laws : second Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6£ per cent. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4 per cent; $10,000, 4£ per cent; $5,400, 5 per cent; 

$87,800, 6 per cent; $619,086.66, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 362 

Aggregate amount of the same . . 

Amount of investments from which no income is received 

Number of open accounts 5,288 

Number and amount of deposits received for previous year, 6,248 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 149 

Number of deposits of $1,000 and upwards .... 314 
Number and amount of deposits of $200 and less . . . 485 



$60,166 43 
23,911 47 
19,820 10 



469,386 66 
6,300 00 

234,323 35 

80,854 00 

66,653 00 



66 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of $100 and less 
Number and amount of deposits of (50 and less 
Number and amount of deposits beld by women 
Number and amount of deposits beld by guardians . 
Number and amount of deposits beld in trust . 
Number and amount of deposits beld by cbaritable associa- 
tions 

Number and amount of witbdrawals 

Number of accounts opened tbe previous year . 
Number of accounts closed tbe previous year . 
Amount of expenses of tbe corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: May 13. 



514 


$34,806 00 


1.062 


.'55.514 00 


2,240 


481.310 00 


20 


10,900 00 


801 


133,870 00 


28 


23,729 00 


3,839 


223,346 20 


751 




598 




. 


4,574 80 







Public Funds. 







Estimated 


» 




Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$1*0,000 


$10,555 00 


$10,000 00 


" " 4£s, 1891 . 


30,000 


31,800 00 


31,068 75 


State bonds: — 








State of Maine 6s, 1889 . 


36,900 


41,970 00 


41,568 75 


of New Hampshire 6s, 1902-5, 


3,000 


3,480 00 


3,307 50 


of Rhode Island 6s, 1882 


2,000 


2,070 00 


1,935 00 


City and town bonds : — 








City of Boston 6s, 1903 . 


29,000 


33,785 00 


33,386 25 


of Charlestown 6s, 1888 . 


1,000 


1,120 00 


970 00 


of Chelsea 6s, 1895 . 


5,000 


5,550 00 


5,450 00 


of Providence, R.I., 4$s, 1899 . 


15,000 


15,450 00 


15,525 00 


of New Haven, Conn., 6s, 1881, 


1,000 


1,015 00 


956 25 


of Cambridge 6s, 1884 . 


1,000 


1,060 00 


1,062 50 


of Cambridge 5±s, 1893 . 


5,000 


5,400 00 


5,225 00 


of Cambridge 6s, 1894 . 


5,000 


5,775 00 


5,775 00 


of Fall River 6s, 1905 . 


5,000 


5,400 00 


5,550 00 


of Lewiston, Me., 5s, 1907 


16,000 


16,640 00 


16,480 00 


of Worcester 6s, 1880 . 


4,000 


4,000 00 


3,900 00 


of Somerville 5£s, 1886 . 


10,000 


10,660 00 


10,750 00 


of Lawrence 6s, 1906 


35,000 


39,800 00 


39,387 50 


Town of Woburn 6s, 1893 


5,000 


5,500 00 


5,412 50 


of Wiuthrop 5s, 1905 . 


11,000 


11,220 00 


11,165 00 




$229,900 


$252,250 00 


$248,875 00 



Bank Stock. 



North Nat'l Bank, Boston 


$1,500 


$1,845 00 


$1,664 55 


Howard Nat'l Bank, Boston . 


3,600 


4,077 00 


3,811 50 


Massachusetts Nat'l Bank, Boston . 


6,750 


7,290 00 


9,122 40 


Continental Nat'l Bank, Boston 


4,000 


4,080 00 


4,845 70 


Commerce Nat'l Bank, Boston 


700 


771 75 


700 00 



1 



1880.] 



PUBLIC DOCUMENT — No. 8. 



67 



Bank Stock — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Traders' Nat'l Bank, Boston . 


$2,500 


$2,537 50 


$2,706 75 


Exchange Nat'l Bank, Boston 


1,400 


1,960 00 


1,763 05 


North America Nat'l Bank, Boston, 


500 


501 25 


518 75 


Boylston Nat'] Bank, Boston . 


2,500 


2,643 75 


2,776 50 


Atlas Nat'l Bank, Boston 




8,400 


9,954 00 


9,819 35 


State Nat'l Bank, Boston 




1,000 


1,125 00 


1,062 75 


Suffolk Nat'l Bank, Boston 




700 


794 50 


845 85 


City Nat'l Bank, Boston 




4,300 


4,945 00 


4,956 15 


Eagle Nat'l Bank, Boston 




1,800 


1,899 00 


2,002 95 


First Nat'l Bank, Chelsea 




6,600 


7,260 00 


6,671 30 


First Nat'l Bank, South Weymouth, 


2,000 


2,500 00 


2,420 50 


Exchange Nat'l Bank, Salem . 


500 


545 00 


626 50 






$48,750 


$54,728 75 


$56,314 55 



68 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CHICOPEE FALLS SAVINGS BANK — CHICOPEE FALLS. 

Incorporated March 20, 1875. Number of corporators, 41. 
Josiah W. Osgood, President. Treasurer, Edgar T. Paige. 

Statement. 



Liabilities. 


Assets. 


Deposits 
Guaranty fund . 
Profit and loss . 
Interest 


$50,590 06 

177 30 

64 06 

57 00 


Public funds .... 
Bank stock .... 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

towns 

Cash on hand .... 


$3,050 00 

5,000 00 

36,310 00 

6,600 90 

500 00 
427 52 




$50,888 42 


$50,888 42 



Cash on Deposit in Banks : — 
Chicopee National Bank, Springfield 
Chapin National Bank 



Whole amount of interest or profits received or earned . 

Kate and amount of each semi-annual dividend for j 2-£ per cent 

previous year > 2£ per cent" 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$40,685, 6 per cent; $731.12, 6| per cent; $994.78, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 46 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less . 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held in trust . 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: July 31. 



:i 



260 
416 

20 
19 
27 
35 

125 

95 

2 

150 
88 
31 



$70 19 
22 97 

$2,154 45 
684 48 
865 25 



35,910 90 



26,326 53 


13,370 30 


3,512 64 


2,585 33 


1,970 92 


17,S33 77 


1,030 91 


8,302 80 


161 75 


5,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds. 



69 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s 


13,050 


$3,130 06 


$3,050 00 


Bank Stock. 


City Nat'l Bank, Springfield . 


$5,000 


$5,000 00 


$5,000 00 



70 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CHICOPEE SAVINGS BANK — CHICOPEE. 

Incorporated 1845; commenced business 1854. Number of corporators, 50. 
Emerson Gaylokd, President. Treasurer, Henry H. Harris. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$424,490 34 


Public funds .... 


$4,400 00 


Earnings, undivided . 


4,889 97 


Bank stock .... 


26,662 00 


Guaranty fund . 


3,073 86 


Loans on bank stock 


13,400 00 


Kent collected . 


58 43 


Railroad bonds 


12,000 00 






Real estate by foreclosure . 


3,538 09 






Loans on reai estate 


301,215 25 






Loans on personal security . 


40,722 42 






Loans to counties, cities, or 








towns 


11,900 00 






Deposit in banks on interest . 


13,000 00 






Cash on hand .... 


6,684 84 




$432,512 60 


$432,512 60 



Loans on Bank Stock, amount on each: — 
On 67 shares First National Bank, Springfield, and 47 shares 

Chicopee National Bank, Springfield 

On 20 shares Third National Bank, Springfield .... 

Cash on Deposit in Bank : — 
Hampshire County National Bank . . . . 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same . ... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 2£ per cent 

previous year ' 2£ per cent 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest 

$16,400, 5± per cent; $7,000, 5£ per cent; $343,837.67, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 249 

Aggregate amount of the same 

Number of open accounts 1,256 

Number and amount of deposits received for previous year, 1,030 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 77 

Number of deposits of $1,000 and upwards .... 128 
Number and amount of deposits of $200 and less . . . 156 
Number and amount of deposits of $100 and less . . . 147 
Number and amount of deposits of $50 and less . . . 252 
Number and amount of deposits held by women . . . 606 



$11,400 00 
2,000 00 



$13,000 00 

$3,538 09 

2,500 00 

100 00 

64 04 



$25,710 54 
9,096 91 
9,119 79 



195,454 82 

105,834 89 

43,239 46 

22,709 32 

11,050 65 

5,087 32 

193,817 06 



1880.] 



PUBLIC DOCUMENT — No. 8. 



71 



Number and amount of deposits held by guardians ... 8 $4,700 31 
Number and amount of deposits held in trust . . 91 14,460 84 
Number and amount of deposits held by charitable associa- 
tions 2 1,716 88 

Number and amount of withdrawals 1,008 94,997 70 

Number of accounts opened the previous year .... 214 
Number of accounts closed the previous year .... 172 
Amount of expenses of the corporation during previous year . . 2,109 21 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner: July 31. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s .. 


$4,400 


$4,400 00 


$4,400 00 



Bank Stock. 



First Nat'l Bank, Chicopee 
Chapin Nat'l Bank, Springfield 
City, .Nat'l Bank,. Springfield . 
Palmer Nat'l Bank, Palmer . 



$10,000 
6,600 
3,000 
3,000 



$22,600 



$14,000 00 
6,930 00 
3,000 00 
3,090 00 



$27,020 00 



$12,880 00 
6,772 00 
3,000 00 
3,000 00 



$25,652 00 



Railroad Bonds. 



Boston and Albany Railroad 




$12,900 00 



$12,000 00 



72 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CITIZENS' SAVINGS BANK — FALL RIVER. 

Incorporated 1851. Number of corporators, 49. 



Joseph Osborn, President. 



Treasurer, E. E. Hathaway. 



Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$1,654,264 29 
72,108 27 
12,996 92 


Bank stock .... 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Expense account . 

Deposit in bank 

Cash on hand .... 


$273,091 50 

6,275 62 

661,218 00 

743,075 00 

1,453 89 

53,455 92 

799 55 




$1,739,369 48 


$1,739,369 48 



Cash on Deposit in Bank: — 
Pocasset National Bank 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for \ 2-£ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : June and December 
The total amount of loans, with each specified rate of interest 

$1,404,293, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . ' 149 

Aggregate amount of the same 

Number of open accounts 2,729 

Number and amount of deposits received for previous year, 5,857 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 101 



. $53,455 92 


. $6,275 62 


3,200 00 


96 00 


57 60 


. $98,230 35 


. < 41,929 17 
. 1 41,745 58 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less . 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 
tions 



Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 4. 



809 
727 
492 
322 
1,131 
26 
474 

11 

2,550 

319 

269 



223,883 00 

183,470 55 

72,962 73 

54,158 81 

18,077 75 

6,806 06 

626,425 16 
14,003 44 

399,022 08 

3,666 58 
210,119 27 



6,144 12 
15,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



73 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Boston 
Second Nat'l Bank, Fall River 
Hide and Leather Nat'l B'k, Boston, 
Commerce Nat'l Bank, Boston 
Fall River Nat'l Bank, Fall River . 
Pocasset Nat'l Bank, Fall River 
Maverick Nat'l Bank, Boston . 
Howard Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston 
Metacomet Natl Bank, Fall River . 
Revere Nat'l Bank, Boston 
Union Nat'l Bank, Fall River . 
Merchants' Nat'l Barjk, Boston 
Redemption Nat'l Bank, Boston 
Railroad Nat'l Bank, Lowell . 


$25,000 

18,000 

22,500 

7,500 

11,100 

80,000 

5,400 

14,000 

7,900 

27,700 

28,100 

15,500 

5,000 

4,900 

2,500 


$45,062 50 

14,000 00 

24,608 25 

8,268 75 

11,877 00 

92,000 00 

9,990 00 

15,890 00 

8,295 00 

23,545 00 

29,586 00 

14,828 85 

6,850 00 

5,880 00 

2,781 25 


$25,000 00 

18,000 00 

22,500 00 

7,500 00 

9,712 50 

80 000 00 

4,779 00 

14,000 00 

7,900 00 

27,700 00 

28,100 00 

15,500 00 

5,000 00 

4,900 00 

2,500 00 




$275,100 


$313,462 60 


$273,091 50 



10 



74 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CITY FIVE CENTS SAVINGS BANK i — HAVERHILL. 

Incorporated 1870. Number of corporators, 40. 

S. W. Hopkinson, President. Treasurer, George W. Noyes. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$754,804 26 


Public funds .... 


$50,487 50 


Earnings, undivided . 


8(5,033 23 


Loans on public funds . 


13,550 00 


Guaranty fund . 


2,500 00 


Bank stock .... 


40,198 33 






Loans on bank stock 


750 00 






Railroad bonds 


90,662 60 






Real estate by foreclosure . 


254,502 01 






Loans on real estate 


293,762 00 






Loans on personal security . 


10,863 00 






Loans to counties, cities, or 








towns 


38,000 00 






Deposit in banks on interest . 


33,035 29 






Furniture and fixtures . 


209 32 






Loans on City Five Cents 








Savings Bank books . 


2,407 54 




$843,427 49 


$843,427 49 



Loans on Public Funds, amount on each : — 
On $1,000 City of Boston and $2,950 United States bonds 
On $10,500 United States bonds 



Loans on Bank Stock, amount on each: — 
On 5 shares Monument National Bank, Charlestown 

Cash on Deposit in Bank: — 
First National Bank, Haverhill .... 



Amount of real estate held by foreclosure 
Assessed valug of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$3,950 00 
9,600 00 



$750 00 



$33,035 29 



$254,502 01 

167,000 00 

8,013 13 

2,152 30 



Whole amount of interest or profits received $45,254 81 

Times for the dividends fixed by the by-laws: first Wednesday of 

June and December. 
The total amount of loans, with each specified rate of interest: 

$18,000, 4 per cent; $7,950, A\ per cent; $34,223.57, 5 per cent; 

$148,463.97, 6 per cent; $24,250, 6* per cent; $102,345, 7 per 

cent; $4,000, 7£ per cent; $14,100, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 139 

Aggregate amount of the same 134,585 54 

Amount of investments from which no income is received . . 6,000 00 

Number of open accounts 4,197 

Number of deposits of $1,000 and upwards . . . .25 

Number and amount of deposits of $200 and less . . . 385 55,525 17 

1 Temporarily enjoined by a decree of the Supreme Judicial Court July 17, 1877. November 
23, 1878, the Supreme Judicial Court allowed the payment of twenty per cent of the deposits. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



75 



Number and amount of deposits of $100 and less . . . 398 
Number and amount of deposits of $50 and less . . 2,273 
Number and amount of deposits held by women . . 1,553 
Number and amount of deposits held by guardians . . . 31 
Number and amount of deposits held in trust .... 50 
Number and amount of deposits held by charitable associa- 
tions 21 

Number and amount of withdrawals 2,508 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 18. 



$29,366 00 
26,665 95 

287,502 92 

14,199 17 

4,038 98 

9,731 80 

168,113 44 

2,831 34 

15,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 
" " 4s . 

City and town bonds: — 
Town of Bradford 6s, 1879 . 
of Marlborough 7s 
of Provincetown 5s 
City of Haverhill .... 
of Lawrence 


$10,000 
11,200 

2,000 

5,000 

8,000 

11,500 

10,000 


$10,550 00 
11,424 00 

2,000 00 

5,500 00 

8,240 00 

12,300 00 

11,100 00 


$12,356 25 
11,200 00 

1,980 00 

5,256 25 

8,000 00 

10,695 00 

10,000 00 




157,700 


$61,114 00 


$59,487 50 



Bank Stock. 



First Nat'l Bank, Haverhill . 


$19,400 


$24,250 00 


$24,143 08 


Merrimack Nat'l Bank, Haverhill . 


500 


700 00 


690 00 


Essex Nat'l Bank,. Haverhill . 


500 


575 00 


600 00 


Merchants' Nat'l Bank, Boston 


2,500 


3,400 00 


3,173 75 


Tremont Nat'l Bank, Boston . 


3,000 


3,450 00 


3,783 75 


Commerce Nat'l Bank, Boston 


900 


990 00 


900 00 


Massachusetts Nat'l Bank, Boston . 


3,000 


3,240 00 


3,660 00 


Continental Nat'l Bank, Boston 


7,400 


7,548 00 


9,247 75 




$37,200 


$44,153 00 


$46,198 33 



Railroad Bonds. 



Boston and Maine Railroad 7s 
Old Colony Railroad 7s . 
Old Colony Railroad 6s . 



$60,000 
13,000 
10,000 



$83,000 



$72,000 00 
15,340 00 
11,000 00 



,340 00 



$65,562 50 
14,550 00 
10,550 00 



$90,662 50 



76 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CITY INSTITUTION FOR SAVINGS — LOWELL. 

Incorporated 1837. Number of corporators, 74. 
Nathan Allen, President. Treasurer, Fred. A. Buttrick. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,827,655 30 


Public funds .... 


$172,000 00 


Earnings, undivided. 


119,102 41 


Bank stock .... 


648,380 00 


Guaranty fund . 


35,000 00 


Loans on bank stock 


8,300 00 






Railroad bonds 


223,500 00 






Loans on real estate 


1,363,338 16 






Loans on personal security . 


129,400 00 






Loans to counties, cities, or 








towns 


370,000 00 






Deposit in banks on interest . 


62,870 74 






Expense account . 


2,408 26 






Furniture and fixtures . 


003 79 






Casb on band .... 


356 76 




$2,981,757 71 


$2,981,757 71 



Loans on Bank Stock, amount on each : — 
On 10 shares Appleton National Bank, Lowell . 
On 50 shares Appleton National Bank, Lowell . 
On 34 shares First National Bank, Lowell 



$900 00 
4,000 00 
3,400 00 



Cash on Deposit in Bank : — 
Appleton National Bank, Lowell 



Whole amount of interest or profits received or earned . . * . 
Rate and amount. of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: second Saturday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6 per cent. 
The total amount of loans, with each specified rate of interest: 

$63,000, 4 per cent; $481,289.30, 5 per cent; $38,000, 5£ per cent; 

$189,000, 5£ percent; $929,410.86, 6 percent; $60,000, '6-^ per 

cent; $141,000, 6| per cent; $273,438, 7 per cent; $46,000, 7i per 

cent; $46,000, 9 per cent gold. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 84 

Aggregate amount of the same 

Number of open accounts 7.258 

Number and amount of deposits received for previous* year, 3,649 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 246 



,870 74 

$215,791 94 
[ 60,726 68 
I 56,834 28 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 



. 834 
3,100 
2,132 
1,447 



132,348 71 

412,798 66 

124,613 92 

218,500 97 
81,656 20 
32,023 40 



1880.] 



PUBLIC DOCUMENT — No. 8. 



77 



Number and amount of deposits held by women . . 3,826 
Number and amount of deposits held by guardians . . 64 
Number and amount of deposits held in trust . . 1,501 
Number and amount of deposits held by charitable associa- 
tions 36 

Number and amount of withdrawals .... 4,312 
Number of accounts opened the previous year . . . 898 
Number of accounts closed the previous year . . 1,298 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: May 21. 



1,474,105 18 

21,702 59 

382,287 86 

24,978 00 
682,282 56 



6,631 20 
60,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Water bonds : — 
Town of Pittsfield .... 
City of Haverhill . 
Town of Plymouth .... 
City of Lowell .... 

City and town bonds : — 
City of Hartford, Conn. . 

of Lynn . . . 

of Lawrence .... 
Town of Holliston .... 
City of Charlestown 


$50,000 

46,000 

40,000 

3,000 

10,000 

15,000 

5,000 

5,000 

1,000 


$55,000 00 

56,300 00 

44,000 00 

3,360 00 

11,000 00 

16,250 00 

5,000 00 

5,000 00 

1,040 00 


$50,000 00 

45,100 00 

40,000 00 

3,000 00 

10,000 00 

13,500 00 

5,000 00 

5,000 00 

1,000 00 




$175,000 


$196,950 00 


$172,600 00 



Bank Stock. 



Appleton Nat'l Bank, Lowell . 


$40,000 


$64,000 00 


$44,970 00 


Atlantic Nat'l Bank, Boston . 


8,000 


11,120 00 


10,000 00 


Atlas Nat'l Bank, Boston 


18,000 


21,420 00 


18,000 00 


Bay State Nat'l Bank, Lawrence . 


1,875 


2,500 00 


1,875 00 


Blackstone Nat'l Bank, Boston 


30,700 


31,621 00 


30,700 00 


Boston Nat'l Bank, Boston 


20,000 


21,300 00 


20,000 00 


Boylston Nat'l Bank, Boston . 


12,400 


13,113 00 


12,400 00 


Bunker Hill Nat'l Bank, Boston 


3,400 


5,720 50 


3,400 00 


City Nat'l Bank, Boston 


5,300 


6,095 00 


5,300 00 


Columbian Nat'l Bank, Boston 


13,800 


18,975 00 


16,560 00 


Continental Nat'l Bank, Boston 


11,200 


11,424 00 


11,200 00 


Eliot Nat'l Bank, Boston , . 


10,000 


10,725 00 


10,000 00 


Everett Nat'l Bank, Boston . 


500 


513 75 


500 00 


First Nat'l Bank, Boston 


20,000 


36,050 00 


20,000 00 


First Nat'l Bank, Lowell 


3,400 


5,100 00 


3,400 00 


Globe Nat'l Bank, Boston 


15,000 


15,562 50 


15,000 00 


Hamilton Nat'l Bank, Boston . 


10,000 


U,600 00 


10,000 00 



78 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock — Concluded. 



Par Value. 



Estimated 

Market Value. 



Amount Invested. 



Howard Nat'l Bank, Boston . 
Market Nat'l Bank, Boston . 
Merchants' Nat'l Bank. Boston 
Metropolitan Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
North America Nat'l Bank. Boston 
Redemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Pemberton Nat'l Bank, Lawrence 
Revere Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
New England Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Old Boston Nat'l Bank, Boston 
Prescott Nat'l Bank Lowell . 
Railroad Nat'l Bank, Lowell . 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 



$13,500 
10,000 

4,400 

4,000 
15,000 
25,000 
40,000 
40,000 

3,000 

5,000 
10,000 

7,500 
37,500 

3,600 
10,500 

6,500 
16,700 

3,950 
21,000 

9,100 
26,500 
10,000 

2,000 
20,500 
20,000 
23,600 

3,900 



$616,325 



$15,255 00 
10,075 00 

6,110 50 

4,000 00 
17,250 00 
27,500 00 
48,000 00 
48,400 00 

3,165 00 

6,900 00 
11,375 00 

9,750 00 
43,781 25 

4,932 00 
11,025 00 

9,165 00 
20,541 00 

5,135 00 
29,400 00 
10,192 00 
37,828 75 
11,100 00 

2,360 00 
23,985 00 
17,000 00 
27,730 00 

5,011 50 



$13,500 00 
10,000 00 

4,400 00 

5,000 00 
20,000 00 
25,000 00 
50,700 00 
42,825 00 

3,000 00 

5,000 00 
10,000 00 

7,500 00 
37,500 00 

3,600 00 
10,500 00 

8,450 00 
16,700 00 

3,950 00 
21,450 00 

9,500 00 
26,500 00 
10,000 00 

2,000 00 
20,500 00 
20,000 00 
23,600 00 

3,900 00 



$753,806 75 



$648,380 00 



Raileoad Bonds. 



Boston and Lowell Railroad . 
Old Colony and Newport Railroad 
Eastern Railroad . 



$127,500 
50,000 
92,000 



$269,500 



$147,262 50 
55,000 00 
77,280 00 



$279,542 50 



$127,500 00 
50,000 00 
46,000 00 



$223,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



79 



CLINTON SAVINGS BANK — CLINTON. 

Incorporated 1851. Number of corporators, 44. 
Charles L. Swan, President. Treasurer, C. L. S. Hammond. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$632,308 18 

332 89 

6,000 00 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Railroad bonds 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Premium .... 
Cash on hand . , 


$71,400 00 
82,240 00 
13,355 00 
43,225 00 
13,636 35 

336,384 59 

48,475 00 

13,000 00 

1,500 00 

15,425 13 




$638,641 07 


$638,641 07 



Loans on Bank Stock, amount on each : — 
On 160 shares First National Bank, Clinton 
On 16 shares Merchants' National Bank, New Bedford 

Cash on Deposit in Bank : — 
New England Trust Company 



:i 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for 1 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws: April and October. 
The total amount of loans, with each specified rate of interest: 
$270,719, 6 per cent; $1,300, 6 J per cent; $126,195.59, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 226 

Aggregate amount of the same . . 

Amount of investments from which no income is received 

Number of open accounts 2,307 

Number and amount of deposits received for previous year, 1,661 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 72 

. 160 
, 328 
. 258 
. 735 
1,189 
. 7 



1,755 00 
1,600 00 



$13,000 00 

$13,636 35 

9,400 00 

112 00 

116 10 

$33,066 41 
12,090 48 
12,070 71 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
dumber and amount of deposits held by guardians . 



166,233 00 
32,775 00 

135,330 41 

37,028 02 

45,653 23 

17,433 19 

14,207 93 

305,565 13 

2,670 53 



80 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



Number and amount of withdrawals . . • . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 2. 



74 


$29,205 00 


2 


712 00 


1,233 


115,373 58 


360 




293 




. 


2,819 54 




20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town bonds : — 
Tow r n of Clinton .... 


$71,400 


$78,545 00 


$71,400 00 



Bank Stock. 



First Nat'l Bank, Clinton 


$30,000 


$33,600 00 


$30,490 00 


First Nat'l Bank, New Bedford . 


5,000 


5,500 00 


5,000 00 


Commerce Nat'l Bank, New Bedford, 


5,000 


5,500 00 


5,000 00 


Orange Nat'l Bank, Orange . 


5,000 


5,600 00 


5,000 00 


First Nat'l Bank, Leominster . 


3,000 


3,360 00 


3,000 00 


Webster Nat'l Bank, Boston . 


10,500 


10,946 25 


10,500 00 


Eleventh Ward Nat'l Bank, Boston, 


3,000 


300 00 


2,550 00 


Atlas Nat'l Bank, Boston 


1,400 


1,666 00 


1,400 00 


City Nat'l Bank, Boston 


500 


575 00 


500 00 


Traders' Nat'l Bank, Boston . 


800 


808 00 


800 00 


Hide and Leather Nat'l B'k, Boston, 


1,000 


1,096 25 


1,000 00 


Howard Nat'l Bank, Boston . 


1,600 


1,816 00 


1,600 00 


Market Nat'l Bank, Boston . 


2,000 


2,020 00 


2,000 00 


North America Nat'l Bank, Boston, 


4,200 


4,210 50 


4,200 00 


Manufacturers' Nat'l Bank, Boston, 


5,000 


4,512 50 


5,000 00 


Boston Nat'l Bank, Boston 


200 


204 50 


200 00 


Central Nat'l Bank, Boston . 


2,000 


1,940 00 


2,000 00 


Metropolitan Nat'l Bank, Boston . 


2,000 


2,000 00 


2,000 00 




$82,200 


$85,655 00 


$82,240 00 



Railroad Bonds. 



Old Colony Railroad 7s . 
Fitchburg Railroad 7s . 

Boston, Clinton, Fitchburg, and 

New Bedford R.R., preferred 1 . 
Boston, Clinton, Fitchburg, and 

New Bedford R.R., common 1 



$5,000 
13,000 

25,000 

22,500 



$65,500 



$5,912 50 
15,340 00 

20,000 00 

3,375 00 



$44,627 50 



$5,000 00 
13,000 00 

25,000 00 

225 00 



$43,225 00 



* Taken to sepure indebtedness 



1880.] 



PUBLIC DOCUMENT — No. 8. 



81 



COHASSET SAVINGS BANK — COHASSET. 

Incorporated 1845. Number of corporators, 38. 
Martin Lincoln, President. Treasurer, Levi N. Bates. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$309,048 83 
2,296 74 
3,000 00 



$314,945 57 



Public funds . 

Bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Cash on hand . 



$10,000 00 
56,500 00 
25,000 00 
12,500 00 

191,920 00 

8,000 00 

10,733 48 

292 09 



$314,945 57 



Cash on Deposit in Bank: — . 
New England Trust Company . 



;{ 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: first Tuesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 41 per cent. 
The total amount of loans, with each specified rate of interest: 

$68,500, 6 per cent; $43,300, 6£ per cent; $88,120, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 80 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



$10,733 48 

$12,500 00 

11,400 00 

656 56 

142 50 

$19,529 62 
6,458 67 
6,197 16 



806 
148 

9 

91 

112 

87 

164 

358 

4 

57 



55,420 00 

11,177 00 

4,110 00 

16,061 59 

6,375 06 

3,553 76 

118,071 21 

2,439 98 

21,684 48 

277 39 



11 






82 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals 450 $42,902 50 

Number of accounts opened the previous year. ... 47 
Number of accounts closed the previous year .... 97 
Amount of expenses of the corporation during previous year . . 1,035 28 

Amount of treasurer's bonds 12,000 00 

Date of examination by commissioner: May 17. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


A mount Invested. 


Town bonds : — 
Hyde Park 6s . 


• « • 


$10,000 


$10,050 00 


$10,000 00 


Bank Stock. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
City Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Everett Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Market Nat'l Bank, Boston . 
Maverick Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$3,000 
2,000 
4,500 
4,300 
2,000 
4,000 
1,800 
2,000 
2,500 
3,000 
1,300 
2,300 
1,200 
2,200 
4,500 
3,200 
3,800 
2,300 
1,500 
1,000 
4,100 



$56,500 



$3,540 00 
2,020 00 
4,500 
4,945 
2,740 
4,000 
1,890 
2,000 
2,650 
3,000 
2,405 
3,105 
1,512 
2,662 
4,635 
3,552 
4,332 
2,668 
1,950 
1,270 
4,305 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$63,681 00 



$3,000 00 
2,000 00 
4,500 00 
4,300 00 
2,000 00 
4,000 00 
1,800 00 
2,000 00 
2,500 00 
3,000 00 
1,300 00 
2,300 00 
1,200 00 
2,200 00 
4,500 00 
3,200 00 
3,800 00 
2,300 00 
1,500 00 
1,000 00 
4,100 00 



$56,500 00 





Railroad Bonds. 






Eastern Railroad 4^s 
Old Colony Railroad 7s . 


• 


$16,000 
9,000 


$13,360 00 
10,620 00 


$16,000 00 
9,000 00 




$25,000 


$23,980 00 


$25,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



83 



CROCKER INSTITUTION FOR SAYINGS — TURNER' S FALLS. 

Incorporated April 3, 1869. Number of corporators, 16. 

George O. Peabody, President. Treasurer, D. P. Abercrombie. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$149,244 66 

3,113 66 

800 00 


Public funds . 

Bank stock .... 

Loans on bank stock 

Loans on real estate 

Loans on personal security . 

Expense account . 

Interest 

Premiums .... 
Cash on hand .... 


$10,275 00 

6,800 00 

1,050 00 

80,395 00 

44,900 00 

154 00 

464 91 

330 00 

8,789 41 




$153,158 32 


$153,158 32 



Loans on Bank Stock, amount on each : — 

On 10 shares Crocker National Bank $900 00 

On 3 shares Crocker National Bank 150 00 

Cash on Deposit in Bank : — 
Crocker National Bank ' . . . . $8,789 41 

Whole amount of interest or profits received or earned . . . $31,619 76 
Rate and amount of each semi-annual dividend for I 2^ per cent . ( 2,595 03 

previous year . ) 2£ per cent . i 2,862 71 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5^ per cent. 
The total amount of loans, with each specified rate of interest: 

$81,925, 6 per cent; $37,220, 6J per cent; $7,200, 7 per cent. 
Number of outstanding loans which are of an amount not 
exceeding $3,000 each . . . . . . . .75 

Aggregate amount of the same 60,145 00 

Number of open accounts 496 

Number and amount of deposits received for previous year . 703 64,345 56 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 49 30,839 46 

Number of deposits of $1,000 and upwards .... 54 
Number and amount of deposits of $200 and less ... 62 8,879 58 
Number and amount of deposits of $100 and less ... 55 4,146 02 
Number and amount of deposits of $50 and less . . . 162 3,096 69 
Number and amount of deposits held by women . . . 161 40,343 96 
Number and amount of deposits held by guardians ... 3 1,149 37 
Number and amount of deposits held in trust .... 24 13,701 35 
Number and amount of deposits held by charitable associa- 
tions 10 2,525 07 

Number and amount of withdrawals . . . . . 275 22,088 15 






84 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year .... 168 
Number of accounts closed the previous year .... 84 
Amount of expenses of the corporation during previous year . . $319 25 

Amount of treasurer's bonds 25,000 00 

Date of examination by commissioner : Aug. 6. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 5s, 1881 . 


$10,000 


$10,400 00 


$10,275 00 



Bank Stock. 






Conway Nat'l Bank, Conway . 
Crocker Nat'l Bank, Turner's Falls, 


$2,000 
4,800 


$2,330 00 
4,925 00 


$2,000 00 
4,800 00 




$6,800 


$7,255 00 


$6,800 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



85 



DANVERS SAVINGS B ANK — DANVERS. 

Incorporated 1850. Number of corporators, 56. 
Israel H. Putnam, President. Treasurer, William L. Weston. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$910,140 62 
25,025 40 
12,000 00 



$947,166 02 



Public funds . 

Bank stock 

Loans on bank stock 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Taxes on real estate by fore 

closure .... 
Cash on hand . 



),105 00 
117,172 25 

5,010 00 
101,497 96 
467,191 72 
172,236 07 

10,000 00 
31,154 20 

984 69 
12,814 13 



$947,166 02 



Loans on Bank Stock, amount on each: — 
On 52 shares First National Bank, Dan vers 
On 10 shares Grand National Bank, Marblehead 

Cash on Deposit in Banks : — 

Maverick National Bank 

Redemption National Bank .... 
First National Bank, Danvers .... 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



1,410 00 
600 00 



$23,800 20 

7,354 00 

12,814 13 

$101,497 96 

86,550 00 

3,704 00 

1,091 69 



$57,948 94 
18,391 82 
17,735 54 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year . ) 2 per cent 

Times for the dividends fixed by the by-laws : April 1 and Oct. 1. 
The total amount of loans, with each specified rate of interest 

$10,000, 4} per cent; $20,000, 5£ per cent; $225,341, 6 per cent 

$10,024, 6£ per cent; $328,083, 7 percent; $7,000, 7 T 3 7 per cent 

$50,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 279 

Aggregate amount of the same 263,284 53 

Amount of investments from which no income is received . . \ 15,1 ^ y yu 

I 1 52,446 65 

Number of open accounts 2,718 

Number and amount of deposits received for previous year . 933 57,946 94 

Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . . . .39 9,793 00 

1 This amount is secured by a pledge of bonds of Boston Water Power Company. 



86 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions . 



Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds .t 

Date of examination by commissioner: June 9. 

Public Funds. 



326 
324 

283 

886 

1,339 

14 

122 

29 
1,292 
, 225 

. 278 



$43,440 12 
18,891 34 
14,790 75 

356,291 00 

9,610 31 

47,565 49 

7,709 00 
141,897 07 



2,500 12 
25,000 00 





Far Value. 


Estimated 
Market Value. 


Amount Invested. 


a 1 

United States bonds, 4s . 

City bonds : — 
City of Boston 6s, 1894 . 
of Hartford 6s 


$17,500 

10,000 
2,000 


$17,850 00 

11,600 00 
2,100 00 


$17,500 00 

9,775 00 
1,830 00 


* 


$29,500 


$31,550 00 


$29,105 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Commerce Nat'l Bank, N. Bedford 
First Nat'l Bank, New Bedford 
Rockport Nat'l Bank, Rockport 
First Nat'l Bank, Salem 
Asiatic Nat'l Bank, Salem 
Salem Nat'l Bank, Salem 
Warren Nat'l Bank, Peabody . 
Naumkeag Nat'l Bank, Salem 
First Nat'l Bank, Danvers 



$5,000 
5,000 
6,500 
5,000 
6,500 
6,000 
1,000 
8,500 
6,800 
7,500 
2,800 
2,500 
2,000 
7,500 

12,500 
1,000 
700 
8,100 
2,500 
2,000 
500 
6,900 

$100,800 



$5,950 00 


6,950 00 


7,800 00 


5,900 00 


9,197 50 


6,900 00 


1,020 00 


8,840 00 


7,750 00 


8,700 00 


2,821 00 


3,212 50 


2,360 00 


7,500 00 


12,656 00 


1,100 00 


796 25 


9,990 00 


2,500 00 


2,600 00 


705 00 


8,740 00 


$123,988 25 



$5,675 00 
6,475 00 
7,901 25 
5,356 25 
6,500 00 
6,000 00 
1,080 00 

10,612 50 
6,800 00 
7,500 00 
2,800 
2,500 
2,000 
8,962 

14,947 
1,000 
700 
8,100 
2,862 
2,000 
500 



00 
00 
00 
50 
25 
00 
00 
00 
50 
00 
00 



6,900 00 
$117,172 25 



1880.] 



PUBLIC DOCUMENT — No. 8. 



87 



DEDHAM INSTITUTION FOR SAVINGS — DEDHAM. 
Incorporated May, 1831. Number of corporators, 24. 
Waldo Colburn, President. 

Statement. 



Treasurer, Calvin Guild. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided, 

Guaranty fund . 



L,175,127 08 
73,987 82 
20,589 52 



$1,269,704 42 



Public funds . 

Loans on public funds 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns 

Deposit in banks on interest, 



$286,257 00 
5,000 00 
81,726 13 
14,400 00 
71,151 25 
58,000 00 
685,413 80 
14,000 00 

24,850 00 
28,906 24 



$1,269,704 42 



Loans on Public Funds, amount on each : — 
On $5,000 United States 6 per cent bonds, 1881 



$5,000 00 



Cash, on Deposit in Bank : — 
Dedham National Bank, Dedham 



$28,906 24 



Loans on Bank Stock, amount on each : — 
On 10 shares Dedham National Bank, Dedham 
On 160 shares Atlas National Bank, Boston 



$900 00 
13,500 00 



Amount of real estate held by foreclosure . . . . . $58,000 00 

Assessed value of the same . . 64,050 50 

Amount of income received from the same 1,904 98 

Amount of municipal tax on real estate . ' 995 31 

Whole amount of interest or profits received or earned . . . $70,051 56 
Rate and amount of each semi-annual dividend for i 2 per cent . i 22,169 68 

previous year ) 2 per cent . \ 22,232 49 

Times for the dividends fixed by the by-laws : second Saturday in 

May and November 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6.65 per cent. 
The total amount of loans, with each specified rate of interest: 

$15,000, 3£ per cent; $9,000, 5 per cent; $128,050, 6 per cent; 

$9,850, 6£ per cent; $572,775, 7 per cent; $6,088.80, 7£ per cent; 

$2,900, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 aach 327 

Aggregate amount of the same 386,540 00 

Number of open accounts 3,633 



88 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for tbe previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $."j0 and less 
Number and amount of deposits beld by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



Number and amount of withdrawals. 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : May 31. 



1,533 


$131,142 68 


99 


47,980 00 


7 




1,383 


66,630 00 


1,218 


45,983 00 


902 


22,490 00 


1,999 


724,874 57 


25 


12,074 36 


116 


32,806 05 


21 


8,035 29 


1,784 


146,874 92 


399 




299 




. 


3,241 40 




10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 6s . 
" " " 4£s 
" " " 4s . 

City and town bonds : — 
City of Fall River . 

of Manchester, N.H. 
of Augusta, Me. 
of Biddeford, Me. . 
of Worcester . 
of Charlestown 
of Portland, Me. 
of Boston 

of Providence, R.I. 
Town of Maiden 
of Melrose 
of Woburn . 
of Lincoln 




$30,000 

10,000 

120,000 

15,000 

18,000 

5,000 

5,000 

10,000 

6,000 

9,000 

10,000 

20,000 

10,000 

5,000 

5,000 

2,000 


$32,150 00 

10,450 00 

122,400 00 

16,350 00 
19,800 00 
5,300 00 
5,300 00 
11,300 00 
6,840 00 
9,360 00 

20,675 00 

11,000 00 

6,000 00 

5,550 00 

2,200 00 


$32,362 50 

10,412 50 

119,887 50 

15,042 00 

18,000 00 

5,250 00 

5,050 00 

10,687 50 

5,992 50 

9,405 00 

11,937 50 

20,675 00 

9,700 00 

5,050 00 

4,875 00 

1,930 00 






$280,000 


$284,675 00 


$286,257 00 



Bank Stock. 



Dedham Nat'l Bank, Dedham 


$12,600 


$14,112 00 


$12,987 50 


Howard Nat'l Bank, Boston . 


4,000 


4,540 00 


4,094 50 


Blackstone Nat'l Bank, Boston 


7,500 


7,706 25 


7,615 87 


State Nat'l Bank, Boston 


2,500 


2,856 25 


2,711 00 


Union Nat'l Bank, Boston 


2,500 


3,418 75 


3,394 75 


Globe Nat'l Bank, Boston 


2,500 


2,581 00 


2,445 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



89 



Bank Stock — Concluded. 





Par "Value. 


Estimated 
Market Value. 


Amount Invested, 


Traders' Nat'l Bank, Boston . 
People's Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 


$5,000 
6,000 
7,500 

10,000 
8,500 
5,000 


$5,050 00 
8,005 00 
8,287 50 

11,800 00 
8,861 25 
5,550 00 


$5,146 .38 

5,930 00 

11,237 75 

11,669 50 

8,699 75 

5,794 13 




$73,600 


$82,768 00 


$81,726 13 



Railroad Bonds. 



Old Colony Railroad 
Worcester and Nashua Railroad 
Boston and Maine Railroad coupons, 
Boston and Maine R.R., registered . 
Boston and Lowell Railroad . 
Eastern Railroad .... 


$5,000 
10,000 
13,000 
10,000 
4,000 
29,500 


$5,900 00 
9,700 00 

15,665 00 

12,050 00 
4,640 00 

24,632 50 


$5,275 00 
9,700 00 

13,260 00 

11,143 75 
4,180 00 

27,592 50 




$71,500 


$72,587 50 


$71,151 25 






90 



BANK COMMISSIONERS' REPORT. [Jan. 



EAST BOSTON SAVINGS BANK i — BOSTON. 

Incorporated April 20, 1848. Number of corporators, 28. 
P. M. Crane, M.D., President. Treasurer, Albert Bowkeb. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,400,099 «9 


Bank stock .... 


$430,081 82 


Earnings, undivided . 


157,244 21 


Real estate .... 


28,034 77 


Guaranty fund . 


10,845 37 


Real estate by foreclosure . 


306,629 83 






Loans on real estate 


749,336 IS 






Loans on personal security . 


32,005 36 






Deposit in banks on interest, 


10,005 29 






Expense account . 


1,990 40 






Other assets .... 


4,951 35 






Accrued interest . 


61,091 30 






Cash on hand .... 


3,343 18 




$1,028,789 47 


$1,028,789 47 



Cash on Deposit in Banks:- 
National Bank of Commerce 
First Ward National Bank . 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for previous year 

2 per cent in January 

Times for the dividends fixed by the by-laws: third Wednesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6 T y F per cent. 
The total amount of loans, with each specified rate of interest: 

$22,500, 5 per cent; $144,629.35, 6 per cent; $5,000, 6£ per cent; 

$356,512.18, 7 per cent; $4,000, 7^ per cent; $13,900, 7£ per cent; 

$234,860, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 387 

Aggregate amount of the same . . 

Amount of investments from which no income is received 

Number of open accounts 5,643 

Number of deposits of $1,000 and upwards . . . .110 
Number and amount of deposits of $200 and less . . . 665 
Number and amount of deposits of $100 and less . . . 558 



$6,630 43 
4,034 86 

$28,034 77 

28,034 77 

306,629 83 

260,950 00 

16,250 38 

2,241 53 

$105,778 74 
35,587 52 



471,768 35 
10,940 00 



75,856 46 
42,159 37 



1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued April 18, 1878, and extended April 18, 1879, 
to pay twelve and one-half per cent of remainder of deposits each six months. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



91 



Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 



1,883 

2,157 

. 23 

963 



Number and amount of deposits held by charitable associa- 
tions .44 

Number and amount of withdrawals 6,006 

Number of accounts closed the previous year .... 53 

Amount of expenses of the corporation during previous year . 
Amount of treasurer's bonds ......... 

Date of examination by commissioner : March 20. 



$33,734 61 

466,366 38 

9,458 41 

223,314 11 

18,594 77 
394,282 56 

6,2&8 45 
20,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Eliot Nat'l Bank; Boston 
Freeman's Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Howard Nat'l, Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Market Nat'l Bank, Boston . 
Massachusetts Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston, 
North America Nat'l Bank, Boston, 
New England Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston ' . 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Market Nat'l Bank, Boston 



$10,000 

20,000 

3,800 

4,100 

10,000 

15,000 

18,700 

10,000 

11,500 

40,000 

20,000 

14,200 

11,700 

5,000 

3,000 

10,000 

2,466 

2,400 

20,000 

10,000 

10,000 

15,000 

15,000 

20,000 

6,400 

20,000 

15,000 

5,000 

10,000 

10,000 



$12,000 00 
20,500 00 

3,904 50 

4,335 75 
11,500 00 
15,337 00 
21,292 00 
10,550 00 
12,362 00 
42,000 00 
20,650 00 
16,259 
12,987 

5,050 

3,240 
13,575 

2,373 

2,286 
22,000 00 
13,600 00 
12,000 00 
15,900 00 
18,150 00 
22,675 00 

6,752 00 
23,025 00 
20,662 50 

5,062 00 
11,612 00 
10,200 00 



00 
00 
00 
00 
00 
52 
00 



$11,074 12 
22,596 66 
4,717 31 
5,766 50 
10,777 50 
16,760 25 
21,438 43 
10,874 15 
13,153 00 
49,465 00 
25,212 00 
15,265 00 

13.079 60 
5,443 10 
3,490 83 

12,168 92 
2,476 67 
3,064 25 
21,253 35 
12,707 30 
13,043 98 

17.080 06 
16,620 30 
23,833 75 

8,103 13 
21,011 88 
20,291 62 

5,496 75 
11,816 41 
12,000 00 



$368,266 



$411,840 27 



$430,081 82 






92 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST BRIDGEWATER SAVINGS BANK — EAST BRIDGEWATER. 

Incorporated 1870. Number of corporators, 50. 
K. E. Sheldon, President. Measurer, Isaac N. Nutter. 

Statement. 



Liabilities. 



ASSET8. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$125,155 23 
3,053 55 
1,438 43 



$130,247 21 



Public funds . 

Bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 

Safe 

Interest .... 
Casb on hand . 



$22,100 00 

25,708 00 

12,000 00 

701 55 

55,058 67 

9,725 00 

1,000 00 

2,733 57 

163 17 

100 00 

96 25 

740 10 



$130,247 21 



Cash on Deposit in Bank: — 
New England Trust Company 



$2,733 57 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2 per cent . ( 

previous year > 2 per cent . i 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5£ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 4 per cent; $8,000, 4£ per cent; $1,500, 5 per cent; 

$33,950, 6 per cent; $3,250, 6£ per cent; $48,083.67, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



589 
412 

23 

22 

82 

66 

240 

362 

5 

20 



$701 55 


900 00 


75 00 


$7,294 68 


2,225 63 


2,330 32 



65,783 67 
27,515 05 
10,573 05 



11,533 91 
4,640 67 
5,593 64 

43,528 48 
1,074 11 
4,905 98 



1880.] 



PUBLIC DOCUMENT — No. 8. 



93 



Number and amount of deposits held by charitable associa- 
tions • 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 
Number of accounts closed the previous year .... 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : July 23. 



1 


$25 41 


304 


24,269 19 


108 




55 




. 


306 24 




10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4s and 4£s 

State bonds, New Hampshire 6s 

City and town bonds: — 
City of Rockland, Me., 6s 

of Fall River 6s 

of Cambridge 6s 
Town of Woburn 6s 
City of Bath, Me., 6s . 
Town of Amesbury 5s . 


$8,000 
3,000 

500 
2,000 
2,000 
2,000 
4,000 

500 


$8,287 50 
3,300 00 

500 00 
2,000 00 
2,080 00 
2,200 00 
4,000 00 

500 00 


$8,000 00 
3,322 50 

455 00 
1,903 40 
1,940 00 
1,900 00 
4,140 00 

500 00 




$22,000 


$22,867 50 


$22,160 90 



Bank Stock. 



Market Nat'l Bank, Boston . 


$2,000 


$2,000 00 


$2,317 50 


City Nat'l Bank, Boston 


2,000 


2,300 00 


2,276 75 


Shawmut Nat'l Bank, Boston 


1,000 


1,110 00 


1,167 50 


Hamilton Nat'l Bank, Boston 


1,000 


1,130 00 


1,250 00 


Home Nat'l Bank, Brockton . 


4,000 


4,000 00 


4,580 00 


Fourth Nat'l Bank, Boston . 


2,000 


1,800 00 


2,000 00 


Tremont Nat'l Bank, Boston . 


3,000 


3,480 00 


3,480 00 


Commonwealth Nat'l Bank, Boston, 


1,000 


1,030 00 


1,225 00 


State Nat'l Bank, Boston 


2,200 


2,530 00 


2,471 25 


Webster Nat'l Bank, Boston . 


3,000 


3,150 00 


3,000 00 


Traders' Nat'l Bank, Boston . 


2,000 


2,000 00 


2,000 00 




$23,200 


$24,530 00 


$25,768 00 



Railroad Bonds. 



Old Colony Railroad 6s . 

Eastern Railroad 4£s 

Vermont & Massachusetts R.R. 6s 



$6,000 
5,000 
1,000 

$12,000 



$6,600 00 
4,150 00 
1,050 00 

$11,800 00 



$6,000 00 
5,000 00 
1,000 00 

$12,000 00 



94 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EAST CAMBRIDGE FIVE CENTS SAVINGS BANK — CAMBRIDGE. 

Incorporated 1854. Number of corporators, 46. 

George Stevens, President. Treasurer, Samuel Slocomb. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Profit and loss . 
Premiums . 


$766,268 71 

6,543 09 

13,400 88 

2,500 00 

1,564 84 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Railroad bonds 

Real estate .... 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in banks on interest, 

Expense account . 

Cash on hand .... 


$24,000 00 

122,488 37 

13,579 21 

19,000 00 

7,000 00 

49,518 13 

513,740 00 

17,205 00 

21,202 96 

32 90 

2,510 95 




$790,277 52 


$790,277 52 



Loans on Bank Stock, amount on each : — 

On 75 shares Lechmere National Bank $9,379 21 

On 17 shares Lechmere National Bank 1,700 00 

On 10 shares Lechmere Nat. Bank, and 15 shares Camb. Nat. Bank, 2,500 00 

Cash on Deposit in Bank : — 
Lechmere National Bank $21,202 96 

Invested in real estate (for banking purposes) $7,000 00 

Estimated value of the same 7,000 00 

Amount of real estate held by foreclosure 49,518 13 

Assessed value of the same 55,100 00 

Amount of income received from the same per month, about . 310 00 

Amount of municipal tax on real estate 1,268 41 

Whole amount of interest or profits received or earned . . . $43,096 74 
Rate and amount of each semi-annual dividend for ) 2 per cent . ( 14,946 48 

previous year ) 2 per cent . ( 14,534 65 

Times for the dividends fixed by the by-laws : April 15 and Oct. 15. 
The total amount of loans, with each specified rate of interest: 

$2,300, 51 per cent; $167,434.21, 6 per cent; $55,400, 6£ per cent; 

$317,990, 7 per cent; $1,400, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 277 

Aggregate amount of the same 292,540 00 

Amount of investments from which no income is received (60 

shares Cambridge Land Co. charged off as of no value, land 

and shop in Somerville) 4,500 00 

Number of open accounts 3,192 

Number and amount of deposits received for previous year, 3,308 118,655 43 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 70 35,581 56 



1880.] 



PUBLIC DOCUMENT — No. 8. 



95 



Number and amount of deposits of $1,000 and upwards . 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associations, 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: March 18. 



331 


$45,891 11 


278 


18,799 15 


1,385 


16,789 99 


1,602 


382,351 96 


19 


12,174 89 


438 


119,227 02 


24 


11,455 77 


2,499 


175,824 61 


860 




859 




• 


1,800 00 


• 


20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds : — 
City of Lawrence .... 
of Cambridge .... 


$5,000 
19,000 


$5,000 00 
19,000 00 


$5,000 00 
19,000 00 


$24,000 


$24,000 00 


$24,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$700 


$819 00 


$700 00 


Blackstone Nat'l Bank, Boston 


5,400 


5,508 00 


5,400 00 


Boston Nat'l Bank, Boston 


6,300 


6,426 00 


6,300 00 


Bunker Hill Nat'l Bank, Boston . 


4,100 


6,888 00 


4,100 00 


Commerce Nat'l Bank, Boston 


6,750 


7,695 00 


7,428 37 


Commonwealth Nat'l Bank, Boston, 


4,000 


4,120 00 


4,000 00 


Continental Nat'l Bank, Boston 


3,000 


. 3,060 00 


3,000 00 


Eliot Nat'l Bank, Boston 


1,200 


1,284 00 


1,200 00 


Exchange Nat'l Bank, Boston 


1,600 


2,208 00 


1,600 00 


Faneuil Hall Nat'l Bank, Boston . 


2,000 


2,460 00 


2,000 00 


First Ward Nat'l Bank, Boston 


5,000 


3,750 00 


5,000 00 


Globe Nat'l Bank, Boston 


2,100 


2,163 00 


2,100 00 


Hide and Leather Nat'l B'k, Boston, 


11,500 


12,765 00 


11,500 00 


Howard Nat'l Bank, Boston . 


6,000 


6,780 00 


6,000 00 


Massachusetts Nat'l Bank, Boston . 


500 


540 00 


500 00 


Merchants' Nat'l Bank, Boston 


5,000 


6,750 00 


5,000 00 


Metropolitan Nat'l Bank, Boston . 


1,600 


1,600 00 


1,760 00 


New England Nat'l Bank, Boston . 


2,000 


2,640 00 


2,000 00 


North Nat'l Bank, Boston 


1,900 


2,337 00 


1,900 00 


No. America Nat'l Bank, Boston . 


500 


550 00 


500 00 


Redemption Nat'l Bank, Boston 


1,000 


1,200 00 


1,000 00 


Republic Nat'l Bank, Boston . 


5,800 


7,018 00 


5,800 00 


Revere Nat'l Bank, Boston 


3,800 


4,408 00 


3,800 00 


Third Nat'l Bank, Boston 


5,500 


4,675 00 


5,500 00 


Tremont Nat'l Bank, Boston . 


7,600 


8,664 00 


7,600 00 






96 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 







Estimated 






Tar Value. 


Market Value. 


Amount Invested. 


Union Nat'l Bank, Boston 


$500 


$660 00 


$500 00 


Webster Nat'l Bank, Boston . 


0,700 


7,035 00 


6,700 00 


Cambridge City Nat'l Bank . 


2,600 


4,160 00 


2,600 00 


Charles River Nat'l B'k, Cambridge, 


2,400 


4,080 00 


2,400 00 


Lechmere Nat'l Bank, Cambridge . 


3,800 


5,510 00 


3,800 00 


Newton Nat'l Bank, Newton . 


1,300 


1,560 00 


1,300 00 


Concord Nat'l Bank, Concord 


3,300 


4,290 00 


3,300 00 


Fall River Nat'l Bank, Fall River . 


1,100 


1,100 00 


1,100 00 


First Nat'l Bank, Maiden 


2,500 


2,500 00 


2,500 00 


First Nat'l Bank, Marlborough 


2,000 


2,400 00 


2,000 00 


Merchants' Nat'l B'k, Newburyport, 


600 


600 00 


600 00 




$121,650 


$140,203 00 


$122,488 37 



Railroad Bonds. 






Eastern Railroad .... 
Boston and Albany Railroad . 


$8,500 
15,000 


$6,970 00 
18,150 00 


$4,000 00 
15,000 00 




$23,500 


$25,120 00 


$19,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



97 



EASTHAMPTON SAVINGS BANK — EASTHAMPTON. 

Incorporated Feb. 10, 1869. Number of corporators, 32. 
Edmund H. Sawyer, President. Treasurer, Samuel T. Seelye. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$234,836 14 

767 09 

2,300 00 


Bank stock .... 

Loans on bank stock 

Loans on real estate 

Loans on personal security . 

Expense account . 

Cash on hand .... 


$61,929 75 

1,240 00 

138,245 00 

31,245 00 

162 50 

5,080 98 




$237,903 23 


$237,903 23 



Loans on Bank Stock, amount on each : — 
On 15 shares First National Bank of Easthampton . 

Cash on Deposit in Bank : — 
First National Bank of Easthampton ..... 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2| per cent 
the previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : Jan. 23 and July 23. 

Average annual per cent of dividends for the term ending at time 
of and including last extra dividend : 6£ per cent. 

The total amount of loans, with each specified rate of interest: 
$10,000, 5 per cent; $19,500, 6 per cent; $141,230, 6£ per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 163 

Aggregate amount of the same « . 

Number of open accounts 921 

Number and amount of deposits received for previous year . 805 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards . . 

Number and amount of deposits of $200 and less . 

Number and amount of deposits of $100 and less . 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust .... 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 

Number of accounts closed the previous year .... 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Nov. 12. 
13 



:! 



$1,240 00 



$5,080 98 

$14,134 04 
4,662 02 
5,115 48 



54 

76 
124 
116 
333 

488 

3 

33 

10 
502 
193 
112 



124,330 00 
65,688 56 
30,688 98 

17,349 37 
7,653 02 
5,889 38 

96,117 94 
2,262 21 

12,699 56 

1,004 26 
55,463 82 



651 00 
10,000 00 



98 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


First Nat'l Bank, Easthampton 


$22,500 


$28,125 00 


$27,562 50 


First Nat'l Bank, Northampton 


7,G00 


9,880 00 


10,519 00 


First Nat'l Bank, Lynn . 


4,400 


5,016 00 


5,256 00 


Holyoke Nat'l Bank, Holyoke 


7,200 


7,920 00 


8,026 00 


Blackstone Nat'l Bank, Boston 


2,200 


2,244 00 


2,200 00 


Second Nat'l Bank, Boston 


2,000 


•2,740 00 


3,018 75 


North Nat'l Bank, Boston 


2,000 


2,400 00 


2,447 50 


Nat'l Bank of Commerce, Boston . 


700 


735 00 


700 00 


Wachusett Nat'l Bank, Fitchburg . 


2,200 


3,080 00 


2,200 00 




$50,800 


$62,140 00 


$61,929 75 






1880.] 



PUBLIC DOCUMENT — No. 8. 



99 



EAST WEYMOUTH FIVE CENTS SAVINGS BANK — EAST WEYMOUTH. 

Incorporated 1872. Number of corporators, 30. 
John P. Lovell, President. Treasurer, Nathan Canterbury. 

Statement. 



Liabilities. 


A8SETS. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$137,421 54 

287 79 

1,621 74 


Public funds .... 
Bank stock .... 
Railroad bonds 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

Deposit in banks on interest, 


$13,000 00 

5,500 00 

2,000 00 

85,427 00 

3,440 00 

13,000 00 
» 16,964 07 




$139,331 07 


$139,331 07 



Cash on Deposit in Bank : — 
Manufacturers' National Bank, Boston 



. $16,964 07 



Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for ) 2$ per cent . ( 

previous year ) 2£ per cent . ( 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7£ per cent. 
The total amount of loans, with each specified rate of interest: 

$8,000, 4 per cent; $5,000, 5 percent; $5,000, 5£ percent; $11,855, 

6 per cent ; $73,749, 7 per cent ; $625, 7£ per cent ; $7,475, 8 per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each ........ 115 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals 
Number of accounts opened the previous year. 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: July 15. 



$7,821 87 
2,648 87 
3,024 36 



552 
453 

28 

34 

56 

56 

230 

204 

1 

71 

170 

139 

47 



75,440 00 
2,000 00 

42,580 58 

16,829 00 

8,000 68 

4,312 71 

2,815 08 

40,252 95 

1,075 08 

14,642 58 

17,439 83 



1,625 02 
10,000 00 



100 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 4s . 

City bonds: — 
City of Charlestown 

of Portland, municipal 



$8,000 



2,000 
3,000 



$8,160 00 



2,240 00 
3,300 00 



$13,000 



$13,700 00 



$8,000 00 



2,000 00 
3,000 00 



$13,000 00 



Bank 


Stock. 






Weymouth Nat'l Bank, Weymouth, 
Merchandise Nat'l Bank, Boston . 
Central Nat'l Bank, Boston . 


$3,500 
1,000 
1,000 


$3,750 00 
1,025 00 
1,000 00 


$3,500 00 
1,025 00 
1,000 00 




$5,500 


$5,775 00 


$5,525 00 



Railroad Bonds. 



Old Colony Railroad 



$2,000 



$2,160 00 



$2,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



101 



ELIOT FIVE CENTS SAVINGS BANK — BOSTON. 

Incorporated Feb. 4, 1864. Number of corporators, 74. 
"William C. Appleton, President. Treasurer, Gegkge 0. Leach. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$994,142 32 


Public funds .... 


$359,500 00 


Earnings, undivided . 


19,866 78 


Loans on public funds . 


25,000 00 


Guaranty fund . 


11,961 80 


Bank stock .... 


53,700 00 


Tax account 


3,550 00 


Loans on bank stock 


1,900 00 


Suspense account 


123 78 


Railroad bonds 


14,000 00 






Real estate by foreclosure . 


37,500 00 






Loans on real estate 


494,200 00 






Loans on personal security . 


30,000 00 






Loans to counties, cities, or 








towns 


1,500 00 






Expense account . 


429 80 






Tax titles to real estate 


657 14 






Cash on hand .... 


11,257 74 




$1,029,644 68 


$1,029,644 68 


Loans on Public Funds, amount on each : — 




On $10,000 City of Providence bonds 


. $10,000 00 


On $15,000 United St* 


ites currency ( 


)S ..... 


. 15,000 00 



Loans on Bank Stock, amount on each: — 
On 23 shares People's National Bank, Boston 

Cash on Deposit in Bank : — 
People's National Bank, Boston 



$1,900 00 



$9,420 74 

$37,500 00 

33,600 00 

1,922 22 

420 00 



,150 18 
19,016 42 
18,722 16 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profit received or earned 

Bate and amount of each semi-annual dividend for ) 2 per cent 

the previous year J 2 per cent 

Times for the dividends fixed by the by-laws : second Wednesday 

in April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$15,000, 4 per cent; $15,000, 4£ per cent; $33,100, 5 per cent; 

$221,400, 6 per cent; $19,900, 6£ per cent; $176,600, 7 per cent; 

$10,000, 7 T 3 o per cent; $35,000, 7£ per cent; $26,600, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . 88 

Aggregate amount of the same . 153,100 00 

Number of open accounts 4,575 

Number and amount of deposits'received for previous year, 3,539 204,445 29 



102 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 104 $56,865 45 

Number of deposits of $1,000 and upwards .... 344 
Number and amount of deposits of $200 and less . . . 463 64,866 37 
Number and amount of deposits of $100 and less . . .409 26,625 94 
Number and amount of deposits of $50 and less . . 2,245 44,900 12 
Number and amount of deposits held by women . . 2,238 487,884 00 
Number a,nd amount of deposits held by guardians . . .11 1,962 00 
Number and amount of deposits held in trust . . . .288 101,102 00 
Number and amount of deposits held by charitable associa- 
tions 15 9,785 00 

Number and amount of withdrawals .... 3,006 224,743 40 

Number of accounts opened the previous year . . . 579 

Number of accounts closed the previous year .... 588 
Amount of expenses of the corporation during previous year . . 5,717 96 

Amount of treasurer's bonds 5,000 00 

Date of examination by commissioner : March 8. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 


$125,000 


$131,562 00 


$125,000 00 


State bonds: — 








State of Maine .... 


3,000 


3,390 00 


3,000 00 


of New Hampshire 


5,500 


6,215 00 


5,500 00 


City and town bonds : — 








City of Bangor, Me. 


4,000 


4,320 00 


4,000 00 


Town of Woburn .... 


8,000 


8,400 00 


8,000 00 


City of Providence, R.I. 


20,000 


21,600 00 


20,000 00 


Town of Beverly .... 


10,000 


10,000 00 


10,000 00 


City of Lynn ..... 


15,000 


15,750 00 


15,000 00 


of Portsmouth, N.H. 


10,000 


10,700 00 


10,000 00 


of Dover, N.H. 


5,000 


5,350 00 


5,000 00 


of Springfield .... 


20,000 


24,000 00 


20,000 00 


of Taunton .... 


21,000 


22,470 00 


21,000 00 


of Somerville .... 


10,000 


10,700 00 


10,000 00 


of Lowell .... 


13,000 


14,560 00 


13,000 00 


of Lawrence .... 


15,000 


16,800 00 


15,000 00 


of Cambridge .... 


10,000 


11,500 00 


10,000 00 


of Fall River .... 


10,000 


11,000 00 


10,000 00 


of Portland, Me. 


5,000 


5,300 00 


5.000 00 


of Chelsea .... 


15,000 


10,950 00 


15,000 00 


of Boston .... 


35,000 


42,000 00 


35,000 00 




$359,500 


$392,567 00 


$359,500 00 



Bank St6ck. 



People's Nat'l Bank, Boston . 
Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 




$13,000 00 
1,000 00 
7,000 00 
2,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



103 



Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Continental Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Market Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Nat'l Bank of No. America, Boston 
Nat'l Bank of Redemption, Boston 
Naumkeag Nat'l Bank, Salem 



$5,000 
1,000 
1,000 
1,300 
3,000 
3,000 
6,100 
600 
1,400 
4,300 
1,000 
2,000 
1,000 



$53,700 



$4,850 
1,070 
1,030 
1,365 
3,000 
3,870 
5,612 
1,032 
1,610 
4,601 
1,050 
2,500 
1,500 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



64,000 00 



$5,000 00 
1,000 00 
1,000 00 
1,300 00 
3,000 00 
3,000 00 
6,100 00 
600 00 
1,400 
4,300 
1,000 
2,000 
1,000 



00 
00 
00 
00 
00 



53,700 00 



Railroad Bonds. 



Boston and Lowell Railroad 
South Shore Railroad 



$9,000 
5,000 



$14,000 



$10,350 00 
5,050 00 



$15,400 00 



59,000 00 
5,000 00 



$14,000 00 






104 



BANK COMMISSIONERS' REPORT. 



[Jan. 



EMIGRANT SAVINGS BANK *— BOSTON. 

Incorporated 1870. Number of corporators, 48. 

Thomas Russell, President. Treasurer, James N. Clark. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,634,221 69 


Public funds .... 


$11,737 50 


Earnings, undivided . 


102,794 82 


Loans on public funds . 


150,000 00 


Guaranty fund . 


9,019 67 


Real estate .... 


290,322 95 


Suspense account 


9,916 47 


Real estate by foreclosure . 


374,4:57 68 






Loans on real estate 


786,318 90 






Loans on personal security . 


34,900 00 






Deposit in banks on interest, 


92,919 73 






Expense account . 


2,077 17 






Fixtures 


11,691 91 






Casb on hand .... 


1,546 81 




$1,755,952 65 


$1,755,952 65 



Loans on Public Funds, amount on each: — 
On 58 $1,000 City of Boston 4s, and 50 $1,000 City of Providence 

4^s as collateral $100,000 00 

On 50 $1,000 City of Providence 4£s, and 5 $1,000 City of Boston 5s, 

gold, as collateral 50,000 000 



Cash on Deposit in Bank: — 
Maverick National Bank 



Invested in real estate (for banking purposes) . 
Estimated value of the same .... 
Amount of real estate held by foreclosure 
Assessed value of the same .... 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received . 

Times for the dividends fixed by the by-laws : third Wednesday of 

May and November. 
The total amount of loans, with each specified rate of interest: 

$150,000, 3£ percent; $13,000, 4 per cent; $307,082.55, 6 per cent; 

$65,500, 6£ per cent; $225,328.87, 7 per cent; 18,600, 7 T 3 7 percent; 

$125,550, 7i per cent; $66,157.48, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 112 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 6,494 

Number of deposits of $1,000 and upwards .... 58 
Number and amount of deposits of $200 and less . . 1,050 
Number and amount of deposits of $100 and less . . . 829 
Number and amount of deposits of $50 and less . . 2,048 

Number and amount of deposits held by women . . 3,039 



$92,919 73 

$290,322 95 

290,322 95 

374,437 68 

282,400 00 

18,015 66 

5,914 35 

$98,874 54 



174,534 47 
13,416 40 



142,989 93 
61,686 73 
33,762 30 

659,766 93 



1 Temporarily enjoined by decree of Supreme Judicial Court, April 16, 1878. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



105 



Number and amount of deposits held by guardians ... 7 $1,872 67 
Number and amount of deposits held in trust .... 824 251,278 25 
Number and amount of deposits held by charitable associa- 
tions 15 

Number and amount of withdrawals .... 9,380 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : March 7. 



3,779 38 

348,382 68 
4,979 45 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds, 5s, gold 



$10,000 



$10,225 00 



$11,737 50 



14 






106 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ESSEX SAVINGS BANK — LAWRENCE. 

Incorporated March 12, 1847. Number of corporators, 47. 
Joseph Shattuck, President. Treasurer, James H. Eaton. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$2,899,349 91 
60,131 49 
30,000 00 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Railroad bonds 
Real estate .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest, 
Cash on hand .... 


$706,000 00 

290,750 00 

900 00 

300,000 00 

30,000 00 

32,000 00 

1,364,057 00 

130,933 00 

128,076 41 

6,764 99 




$2,989,481 40 


$2,989,481 40 



Loans on Bank Stock, amount on each : — 
On 5 shares Lawrence National Bank 
On 5 shares Lawrence National Bank 
On 16 shares Lawrence National Bank 



Cash on Deposit in Banks : — 
Hide and Leather National Bank, Boston 
Maverick National Bank, Boston 



Invested in real estate (for banking purposes) 

Estimated value of -the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$300 00 


250 00 


350 00 


$27,331 50 


100,744 91 


$30,000 00 


45,000 00 


32,000 00 


38,125 00 


2,658 93 


920 77 


$172,166 41 


| 56,354 58 


54,977 81 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year \ 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 T 2 2 g- per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 percent; $36,000, 5^ per cent; $444,783, 6 per cent; 

$25,000, 6£ per cent; $984,207, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 377 

Aggregate amount of the same 478,908 00 

Amount of investments from which no income is received . . 77,000 00 

Number of open accounts 8,972 

Number and amount of deposits received for previous year, 8,446 489,711 31 



1880.] 



PUBLIC DOCUMENT — No. 8. 



10T 



Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 327 $175,893 23 

Number of deposits of $1,000 and upwards .... 889 
Number and amount of deposits of $200 and less . . 1,196 62,826 75 
Number and amount of deposits of $100 and less . . . 946 66,943 45 
Number and amount of deposits of $50 and less . . 2,578 45,885 91 
Number and amount of deposits held by women . . 4,738 1,467,461 77 
Number and amount of deposits held by guardians ... 31 14,079 18 
Number and amount of deposits held in trust .... 228 68,209 38 
Number and amount of deposits held by charitable associa- 
tions 63 24,235 70 

Number and amount of withdrawals 5,280 655,895 98 

Number of accounts opened the previous year. . . 1,778 
Number of accounts closed the previous year . . . 1,470 
Amount of expenses of the corporation during previous year . . 6,665 95 

Amount of treasurer's bonds 25,000 00 

Date of examination by commissioner : June 5. 



Public Funds. 







Estimated 






Par Value. 


Market Value. . 


Amount Invested. 


United States bonds, currency 6s . 


$80,000 


$97,600 00 


$80,000 00 


" " " 1881 


170,000 


178,500 00 


170,000 00 


" " " 4£s 


200,000 


211,000 00 


200,000 00 


" " " 4s . 


100,000 


102,000 00 


100,000 00 


City bonds : — 








City of Lawrence .... 


16,000 


16,480 00 


16,000 00 


of Boston 








10,000 


10,500 00 


10,000 00 


of Lynn . 








50,000 


56,000 00 


50,000 00 


of Fall River . 








25,000 


27,000 00 


25,000 00 


of Somerville . 








25,000 


26,000 00 


25,000 00 


of Rockland, Me. 








14,000 


14,000 00 


14,000 00 


of Newton 








16,000 


16,640 00 


16,000 00 










1706,000 


$755,720 00 


$706,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$13,000 


$15,470 00 


$13,000 00 


Atlantic Nat'l Bank, Boston . 


4,000 


5,560 00 


4,000 00 


Bay State Nat'l Bank, Lawrence . 


22,500 


30,000 00 


22,500 00 


Boston Nat'l Bank, Boston 


3,000 


3,060 00 


3,000 00 


Commonwealth Nat'l Bank, Boston, 


4,000 


4,080 00 


4,000 00 


Commerce Nat'l Bank, Boston 


7,500 


7,875 00 


7,500 00 


Continental Nat'l Bank, Boston 


2,000 


2,040 00 


2,000 00 


City Nat'l Bank, Boston 


13,000 


14,950 00 


13,000 00 


Eliot Nat'l Bank, Boston 


8,000 


8,400 00 


8,000 00 


Everett Nat'l Bank, Boston . 


10,000 


10,000 00 


10,000 00 


Howard Nat'l Bank, Boston . 


23,200 


26,216 00 


23,200 00 


Hide and Leather Nat'l B'k, Boston, 


10,000 


10,900 00 


10,000 00 



108 



BANK COMMISSIONERS' REPORT. 
Bank Stock — Concluded. 



[Jan. 







Estimated 






Tar Value. 


Market Value. 


Amount Invested. 


Massachusetts Nat'l Bank, Boston . 


$3,750 


$4,050 00 


$3,750 00 


Maverick Nat'l Bank, Boston . 


5,100 


9,435 00 


5,100 00 


Merchants' Nat'l Bank, Boston 


20,000 


27,200 00 


20,000 00 


North America Nat'l Bank, Boston, 


15,000 


15,150 00 


10,000 00 


North Nat'l Bank, Boston 


10,000 


12,300 00 


10,000 00 


Revere Nat'l Bank, Boston 




22,500 


22,750 00 


22,500 00 


Republic Nat'l Bank, Boston 




25,000 


30,250 00 


25,000 00 


Shawmut Nat'l Bank, Boston . 




2,700 


2,997 00 


2,700 00 


Suffolk Nat'l Bank, Boston 




9,000 


10,170 00 


9,000 00 


State Nat'l Bank, Boston 




0,900 


11,280 00 


9,900 00 


Tremont Nat'l Bank, Boston 




10,000 


11,400 00 


10,000 00 


Traders' Nat'l Bank, Boston 




7,000 


7,070 00 


7,000 00 


Union Nat'l Bank, Boston 




1,000 


1,300 00 


1,000 00 


Webster Nat'l Bank, Boston 




25,000 


26,000 00 


25,000 00 


Mount Vernon Nat'l Bank, Boston . 


4,600 


4,370 00 


4,600 00 




$290,750 


$334,279 00 


$290,750 00 


Railroad Bonds. 


Boston and Maine Railroad 


$200,000 


$240,000 00 


$200,000 00 


Boston and Lowell Railroad . 


50,000 


57,500 00 


50,000 00 


Eastern Railroad .... 


53,500 


44,940 00 


50,000 00 






$303,500 


$342,440 00 


$300,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



109 



FAIRHAVEN INSTITUTION FOR SAVINGS i — FAIRHAVEN. 

Incorporated Feb. 10, 1832. Number of corporators, 53. . 
George H. Taber, President. Treasurer, Charles Drew. 

Statement. 



Liabilities. 


Assets. 


Deposits . . . 


$864,148 72 


Public funds .... 


$108,225 00 


Earnings, undivided . 


3,596 18 


Loans on public funds . 


250 00 


Guaranty fund . 


5,476 97 


Bank stock .... 


245,076 58 






Loans on bank stock 


450 00 






Railroad bonds 


25,312 10 


• 




Real estate, banking house . 


4,809 36 






Real estate .... 


14,212 73 






Real estate bv foreclosure . 


138,847 61 






Loans on real estate 


116,729 50 






Loans on personal security . 


160,193 20 






Loans to counties, cities, or 








towns 


16,400 00 






Bonds of Oak Bluff Co. 


10,670 00 






Stock of American Tack Co. 


7,000 00 






Tax account .... 


1,412 90 






Interest account . 


18,095 00 






Cash on hand .... 


5,537 89 


- 


$873,221 87 


$873,221 87 



Loans on Public Funds, amount on each : — 
On $300 United States 5-20 bonds . 



Loans on Bank Stock, amount on each : — 
On 5 shares of National Bank, Fairhaven 
On 3 shares of National Bank of Commerce, Boston 

Cash on Deposit in Bank: — 
National Bank of Fairhaven 



$250 00 



$200 00 
250 00 



$5,325 64 

$14,212 73 

4,809 36 

4,809 36 

138,847 61 

58,233 00 

885 34 

621 57 

$53,086 32 



Invested in real estate to secure previous investment 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 2 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 3 

Times for the dividends, fixed by the by-laws: Last Monday in 

April and October. 
The total amount of loans, with each specified rate of interest: 

$54,400, 5 per cent; $5,000, 5| per cent; $194,907.20, 6 per cent; 

$39,675, 6£ per cent; $23,349.16, 7 per cent; $250, 7£ per cent; 

$6,451.34, 8 per cent. 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued Oct. 28, 1878, and extended Oct. 28, 1879, to 
pay twelve and one-half per cent each six months of remainder of deposits. 

2 Unahle to give whole of assessed value. 
8 No dividend declared. 






110 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Amount of investment from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 
one time for the previous year . . . . ... 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Sept. 10. 



75 



1,582 
37 

19 

289 
135 
105 
251 
636 
25 
29*T 

3 

1,391 

29 

25 



$50,135 10 
96,998 16 


16,760 03 


14,208 64 


20,159 91 

7,494 28 

4,414 51 

301,452 42 

12,563 35 

180,639 12 


1,007 29 
130,771 98 


2,958 03 
5,000 00 



Public Funds. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4|s, registered. . 
" " 4s " . . 

City and town bonds : — 
City of Portland, Me. . 

of Bangor, Me. 

of Bath, Me 

of Belfast, Me. 
Town of Fairhaven .... 


$20,000 
20,000 

6,000 
13,000 
10,000 

6,500 
31,000 


$21,125 00 
20,425 00 

6,450 00 
13,910 00 
10,665 00 

6,955 00 
34,875 00 


$21,725 00 
20,000 00 

6,000 00 
13,000 00 
10,000 00 

6,500 00 
31,000 00 




$106,500 


$114,405 00 


$108,225 00 



Bank Stock. 



Nat'l Bank of Fairhaven 


$24,640 


$24,640 00 


$24,640 00 


Mechanics' Nat'l B'k, New Bedford, 


6,800 


9,010 00 


6,800 00 


First Nat'l Bank, New Bedford 


10,000 


10,650 00 


10,000 00 


Citizens' Nat'l Bank, New Bedford, 


5,000 


5,000 00 


5,000 00 


Nat'l Bank of Commerce, Boston . 


15,000 


16,950 00 


15,000 00 


Eliot Nat'l Bank, Boston 


10,000 


10,725 00 


10,000 00 


North Nat'l Bank, Boston 


5,600 


6,888 00 


5,600 00 


Merchants' Nat'l Bank, Boston 


8,000 


11,200 00 


8-,000 00 


Traders' Nat'l Bank, Boston . 


10,500 


10,710 00 


10,500 00 






1880.] 



PUBLIC DOCUMENT-— No. 8. 

Bank Stock — Concluded. 



Ill 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Webster Nat'] Bank, Boston . 


$21,500 


$22,413 75 


$21,500 00 


Boston Nat'l Bank, Boston 


30,000 


31,950 00 


30,000 00 


Republic Nat'l Bank, Boston . 


8,000 


9,589 60 


8,000 00 


State Nat'l Bank, Boston 


14,000 


16,520 00 


14,000 00 


Howard Nat'l Bank, Boston . 


15,200 


17,366 00 


15,200 00 


North America Nat'l Bank, Boston . 


14,000 


15,400 00 


14,000 00 


Continental Nat'l Bank, Boston 


5,000 


5,150 00 


5,000 00 


Eleventh Ward Nat'l Bank, Boston, 


13,333 


1,333 00 


11,333 33 


First Ward Nat'l Bank, Boston 


10,000 


10,000 00 


10,000 00 


Metropolitan Nat'l Bank, Boston . 


4,000 


4,000 00 


4,000 00 


Manufacturers' Nat'l Bank, Boston, 


3,500 


3,237 50 


3,500 00 


Wachusett Nat'l Bank, Fitchburg . 


12,500 


20,000 00 


13,003 25 




$246,573 


$262,732 85 


$245,076 58 



Railroad Bonds. 



Cape Cod Railroad .... 
Flint and Pere Marquette Railroad, 1 



$20,000 
8,000 



$28,000 



$22,000 00 



$22,000 00 



$20,000 00 
5,312 10 



$25,312 10 



1 Taken to secure indebtedness. 



112 



BANK COMMISSIONERS' REPORT. [Jan. 



FALL RIVER FIVE CENTS SAVINGS BANK i — FALL RIVER. 

Incorporated April 10, 1855. Number of corporators, 64. 

"Walter C. Dukfee, President. Treasurer, Charles J. Holmes. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$1,088,500 96 

98,956 12 

8,005 22 


Public funds .... 

Bank stock .... 

Railroad bonds 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Expense account . 

Cash on hand .... 


$100,000 00 

1<X>,400 00 

45,000 00 

37,417 18 

445,237 93 

335,573 20 

1,546 10 

34,287 89 




$1,195,462 30 


$1,195,462 30 



Cash on Deposit in Bank : — 
Second National Bank, Fall River 



$34,000 00 

$37,417 18 

53,303 33 

2,670 00 

953 46 



$59,482 87 
22,398 05 



Amount of real estate held by foreclosure 

Assessed value of the same . 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2 cent 

previous year ) 

Times for the dividends fixed by the by-laws : June and December. 
The total amount of loans, with each specified rate of interest: 

$20,000, 5 per cent; $760,810.13, 6 per cent. 
Number of outstanding loans which are of on amount not 

exceeding $3,000 each 66 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 4,732 

Number and amount of deposits received for previous year, 4,291 
Number and amount of deposits of and exceeding $300 at any 

one Jime for the previous year 51 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associations, 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued June 10, 1878, and the order extended 
June 10, 1879, to pay fifteen per cent of the remainder of deposits each six months. 



81,475 00 
148,856 13 

70,665 90 

32,301 46 



378 




2,780 


93,746 00 


3,380 


49,208 00 


2,047 


26,177 00 


1,700 


392,122 00 


19 


10,696 00 


314 


198,045 00 


14 


11,757 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



113 



Number and amount of withdrawals .... 2,281 §154,297 29 

Number of accounts opened the previous year .... 109 

Number of accounts closed the previous year .... 148 

Amount of expenses of the corporation during previous year . . 3,745 26 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner: June 5. 



Public Fuxds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested . 


United States currency 6s 


8100,000 


8124,000 00 


8100,000 00 


Bank Stock. 



Atlantic Xat'l Bank, Boston . 
Atlas Xat'l Bank, Boston 
Blackstone Xat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Broadway Xat'l Bank, Boston 
Eliot Xat'l Bank, Boston 
First Xat'l Bank, Boston 
Howard Xat'l Bank, Boston . 
Maverick Xat'l Bank, Boston . 
Monument Xat'l Bank, Boston 
City Xat'l Bank, Boston 
Xat'l Bank of Commerce, Boston 
Exchange Xat'l Bank, Boston 
Hide and Leather Xat'l B'k, Boston 
Xorth America Xat'l Bank, Boston 
Revere Xat'l Bank, Boston 
Shawmut Xat'l Bank, Boston 
"Webster Xat'l Bank, Boston 
First Xat'l Bank, Chelsea 
First Xat'l Bank, Maiden 
First Xat'l Bank, Oxford 
Metacomet Xat'l Bank, Fall River 
Union Xat'l Bank, Fall River. 
Second Xat'l Bank, Fall River 



31,300 
3,000 

12,000 
3,200 
5.500 
1.500 
5.000 

13,300 
2.200 
8.500 

10,000 
700 
4.000 
7,500 
8.400 
7.500 
6.700 
3,000 

30,000 

10,000 
2,000 
9,400 
5,000 

42,200 



81.807 00 

3,600 00 

12.300 00 

3.264 00 

4,950 00 

1,612 50 

9.000 00 

15.162 00 

3.720 00 

14,450 00 

11,500 00 

798 00 

5,600 00 

8,325 00 

8,568 00 

7,950 00 

7.437 00 

• 3,150 00 

33,000 00 

11,500 00 

2.300 1)0 

7,990 00 

5,000 00 

33,760 00 



81.300 
3,000 

12.000 

3.200 

5.500 

1.500 

5,000 
13.300 

2.200 

8.500 

10,000 00 

700 00 

4.000 

7.500 

S.400 

7.500 

6.700 

3.000 
30.000 
10.000 

2.000 

9.400 

5.000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



36.700 00 



$201,900 8216, S43 50 



8196.400 00 



Railroad Bonds. 



Rutland Railroad equipment bonds, 




845,000 00 



16 



114 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FALL RIVER SAVINGS BANK i — FALL RIVER. 

Incorporated March, 1828. Number of corporators, 108. 

Job B. French, President. Treasurer, C. A. Bassett. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$4,795,165 81 


Public funds .... 


$605,000 00 


Earnings, undivided . 


108,809 56 


Bank stock .... 


643,700 00 


Guaranty fund . 


45,500 00 


Real estate .... 


50,000 00 






-Real estate by foreclosure . 


32,602 87 






Loans on real estate 


1,917,636 30 






Loans on personal security . 


1,574,177 25 






Deposit in banks on interest . 


2,200 00 






^Expense account . 


54 98 






'Tax account .... 


1,094 40 






^Other stocks and bonds 


119,100 00 






Cash on hand .... 


3,909 57 




$4,949,475 37 


$4,949,475 37 



$2,000 00 
200 00 

$50,000 00 

45,400 00 

32,602 87 

30,660 00 

94 83 

1,369 08 

$274,606 54 



Cash on Deposit in Banks : — 
Massasoit National Bank, Fall River . 
Metacomet National Bank, Fall River 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Times for the dividends, fixed by the by-laws : April and October. 

The total amount of loans, with each specified rate of interest 

$3,491,813.55, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 398 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 10,937 

Number and amount of deposits received for previous year . 973 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 

1 An order regulating the payment of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued June 28, 1878, and extended July 1, 1879, to 
pay twelve and one-half per cent of remainder of depoits each six months. 



417,500 05 
392,448 48 

247,941 66 





1,388 


xov,\jxo j.u 




1,065 


153,036 83 




. 861 


63,079 25 




1,796 


39,384 04 




4,911 


1,986,914 39 




. 101 


63,776 40 



1880.] 



PUBLIC DOCUMENT — No. 8. 



Number and amount of deposits held in trust . . 1,757 
Number and amount of deposits held by charitable associa- 
tions 67 

Number and amount of withdrawals .... 9,560 
Number of accounts opened the previous year . . . 465 
Number of accounts closed the previous year . . . 666 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds . 

Date of examination by commissioner : June 10. 



115 

[,146,423 48 

33,609 66 
952,836 85 



11,804 95 
25,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^-s, registered . 

" " 5s " . 
(< u 4 S (< 

City bonds : — 
City of Fall River 6s, coupon . 


$300,000 

50,000 

150,000 

105,000 


$317,250 00 

51,125 00 

153,375 00 

105,000 00 


$300,000 00 

50,000 00 

150,000 00 

105,000 00 




$605,000 


$626,750 00 


$605,000 00 



Bank Stock. 



Fall River Nat'l Bank, Fall River . 


$66,300 


$72,930 00 


$66,300 00 


Metacomet Nat'l Bank, Fall River . 


86,200 


73,280 00 


86,200 00 


Massasoit Nat'l Bank, Fall River . 


42,200 


54,860 00 


42,200 00 


Nat'l Union Bank, Fall River 


20,000 


20,000 00 


20,000 00 


Second Nat'l Bank, Fall River 


15,000 


12,000 00 


15,000 00 


First Nat'l Bank, New Bedford 


50,000 


51,250 00 


50,000 00 


Merchants' Nat'l B'k, New Bedford, 


22,000 


29,480 00 


22,000 00 


Nat'l Bank of Commerce, N. Bedford, 


42,000 


42,000 00 


42,000 00 


Eliot Nat'l Bank, Boston 


18,300 


19,672 50 


18,300 00 


Faneuil Hall Nat'l Bank, Boston . 


40,000 


49,200 00 


40,000 00 


First Nat'l Bank, Boston 


33,000 


59,400 00 


33,000 00 


Howard Nat'l Bank, Boston . 


30,000 


34.200 00 


30,000 00 


Merchants' Nat'l Bank, Boston 


16,000 


21,720 00 


16,000 00 


Hide and Leather Nat'l B'k, Boston, 


27,000 


29,970 00 


27,000 00 


North America Nat'l Bank, Boston, 


40,000 


40,800 00 


40,000 00 


Revere Nat'l Bank, Boston 


30,000 


31,800 00 


30,000 00 


Second Nat'l Bank, Boston 


23,200 


31,958 00 


23,200 00 


Washington Nat'l Bank, Boston 


20,000 


25,800 00 


20,000 00 


Nat'l Bank of Commerce, Boston . 


22,500 


25,593 75 


22,500 00 




$643,700 


$725,914 25 


$643,700 00 



116 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FITCHBURG SAVINGS BANK — FITCHBURG. 

Incorporated Feb. 12, 1846. Number of corporators, 63. 
Thornton K. Ware, President. Treasurer, Charles J. Billings. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,798,366 20 


Public funds .... 


$133,222 50 


Earnings, undivided . 


35,509 83 


Loans on public funds . 
Bank stock .... 


2,900 00 


Guaranty fund . 


27,000 00 


186,160 00 


Rent account 


4,422 24 


Loans on bank stock 


8,900 00 






Railroad bonds . . . 


2,700 00 






Real estate .... 


150,000 00 






Real estate by foreclosure . 


53,300 00 






Loans on real estate 


882,201 00 






Loans on personal security . 


409,161 00 






Deposit in banks on interest, 


18,251 62 






Expense account . 


314 97 






Cash on hand .... 


18,187 18 




$1,865,298 27 


$1,865,298 27 



Loans on Public Funds, amount on each : 
On $3,000 United States bonds 1881 . 



$2,900 00 



Loans on Bank Stock, amount on each : — 
On 70 shares Fitchburg National Bank 
On 10 shares Safety Fund National Bank . 

Cash on Deposit in Bank : — 
Shawmut National Bank, Boston 



Invested in real estate (for banking purposes) . 
Estimated value of the same .... 
Amount of real estate held by foreclosure 
Assessed value of the same .... 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$66,500, 4 per cent; $4,000, 5 per cent; $822,910, 6 per cent; 

$282,683, 6£ per cent; $230,629, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 312 

Aggregate amount of the same 

Amount of investments from which no income is received 
Number of open accounts ........ 5,021 

Number and amount of deposits received for previous year, 1,398 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 120 

Number of deposits of $1,000 and upwards .... 553 
Number and amount of deposits of $200 and less . . . 671 



$8,000 00 


900 00 


$18,251 62 


$150,000 00 


150,000 00 


53,300 00 


44,350 00 


2,864 41 


2,670 91 


$112,548 77 


[ 44,395 79 


\ 36,193 27 



422,493 
55,686 

206,583 

66,643 

95,291 



00 
00 

40 




1880.] 



PUBLIC DOCUMENT — No. 8. 



117 



Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa- 



tions 



Number and amount of withdrawals .... 

Number of accounts opened the previous year 
Number of accounts closed the previous year ... 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : July 7. 



496 


$35,133 35 


1,285 


25,567 51 


2,716 


924,728 83 


72 


30,477 16 


117 


57,105 90 


32 


14,288 31 


2,532 


348,156 19 


390 




670 




. 


4,189 32 




25,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City and town bonds : — 
City of Fitchburg .... 
of Norwich, Conn. . 
of Portland, Me. 
Town of Tolland .... 
of Sandisfield . . . 


$61,000 

50,000 

17,000 

5,000 

2,000 

1,000 


$62,640 00 

57,000 00 

20,400 00 

5,150 00 

2,070 00 

1,035 00 


$61,000 00 

46,625 00 

17,935 00 

4,662 50 

2,000 00 

1,000 00 




$136,000 


$148,295 00 


$133,222 50 



Bank Stock. 



Fitchburg Nat'l Bank, Fitchburg . 


$13,500 


$20,250 00 


$14,000 00, 


Rollstone Nat'l Bank, Fitchburg . 


11,300 


16,950 00 


12,210 00 


Townsend Nat'l Bank, Townsend . 


500 


550 00 


500 00 


First Nat'l Bank, Leominster. 


20,000 


21,000 00 


22,550 00 


Crocker Nat'l Bank, Turner's Falls, 


20,000 


20,500 00 


20,000 00 


City Nat'l Bank, Worcester . 


10,000 


10,200 00 


10,000 00 


Quinsigamond Nat'l B'k, Worcester, 


3,000 


3,210 00 


3,000 00 


Merchants' Nat'l Bank, Boston 


20,000 


27,400 00, 


20,000 00 


Howard Nat'l Bank, Boston . 


15,000 


17,100 00 


15,000 00 


Boston Nat'l Bank, Boston 


13,300 


13,599 25 


13,300 00 


North Nat'l Bank, Boston 


11,600 


14,616 00 


11,600 00 


Revere Nat'l Bank, Boston 


15,000 


15,900 00 


15,000 00 


North America Nat'l Bank, Boston, 


6,600 


6,616 50 


6,600 00 


Nat'l Bank of Commerce, N. Bedford, 


10,000 


9,875 00 


12,400 00 


Citizens' Nat'l Bank, New Bed&rd, 


10,000 


10,000 00 


10,000 00 




$179,800 


$207,766 75 


$186,160 00 



Railroad Bonds. 



Agricultural Branch Railroad . 




1,700 00 



118 



BANK COMMISSIONERS' REPORT. 



[Jan. 



FLORENCE SAVINGS BANK — FLORENCE. 

Incorporated 1873. Number of corporators, 32. 

A. T. Lilly, President. Treasurer, H. H. Bond. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$96,034 43 

1,621 44 

767 71 


Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . •. 
Casb ou band .... 


$1,587 91 

50,872 11 

37,532 84 

7,764 09 

36 22 

6:30 41 




$98,423 58 


$98,423 58 



$7,764 09 

$1,587 91 

2,600 00 

37 82 

18 00 

$5,781 84 
2,118 88 
1,788 50 



Casb on Deposit in Bank : — 
Hampsbire County Bank, Northampton . 

Amount of real estate held by foreclosure 
Assessed value of tbe same 
Amount of income received from tbe same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of eacb semi-annual dividend for \ 2£ per cent 

previous year > 2 per cent 

Times for tbe dividends fixed by the by-laws : second Tuesday of 

April and October. 
Average annual per cent of dividends for tbe term ending at time 

of and including last extra dividend : 6^ per cent. 
The total amount of loans, with each specified rate of interest: 

$27,000, 6 per cent; $61,404.95, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 90 

Aggregate amount of tbe same 

Number of open accounts 588 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards .... 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust .... 
Number and amount of deposits held by charitable associa- 



13 
21 

73 

79 

308 

243 

3 

15 



tions 



Number and amount of withdrawals 332 

Number of accounts opened the previous year .... 99 
Number of accounts closed the previous year . . . .54 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Nov. 12. 



55,904 95 

28,899 75 

6,598 09 

10,494 51 
5,447 38 
3,856 65 

35,299 25 
2,105 93 
5,415 52 

243 56 
21,513 30 



657 11 

10,000 00 



1880.] 



PUBLIC DOCUMENT— No. 8. 



119 



FOXBOROUGH FIVE CENTS SAYINGS BANK* — FOXBOROUGH. 

Incorporated April, 1855. Number of corporators, 61. 
Otis Caky, President. Treasurer, Eli Phelps. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$155,191 49 


Public funds . » . . 


$4,000 00 


Earnings, undivided . 


803 90 


Bank stock .... 


" 10,500 00 






Real estate by foreclosure . 


38,600 00 






Loaus on real estate 


84,915 00 






Loans on personal security . 


8,141 14 






Loans to counties, cities, or 








towns 


5,000 00 






Accrued interest . 


3,023 08 






Real estate expense account, 


220 00 






Cash on hand . . , 


1,596 17 




$155,995 39 


$155,995 39 



Cash on Deposit in Bank : — 
In Merchandise National Bank, Boston . 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$286 80 

$39,000 00 

38,064 84 

2,247 37 

542 69 

$13,834 T2 



Whole amount of interest or profits received or earned 

No dividends declared. 

Times for the dividends fixed by the by-laws : first Wednesday of 

May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6£ per cent. 
The total amount of loans, with each specified rate of interest: 

$65,421.14, 6 per cent; $26,495, 7 per cent; $6,140, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 133 

Aggregate amount of the same ...... 

Amount of investments from which no income is received 
Number of open accounts . . . . . . 

Number and amount of deposits received for previous year 
Number of deposits of- $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less . ' . 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust 
Number and amount of withdrawals . 
Number of accounts opened the previous year 
Number of accounts closed the previous year 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued April 30, 1878, and extended for one year, 
April 30, 1879, to pay ten per cent of remainder of deposits each six months. 



838 
8 
5 

108 
84 

378 

353 

5 

57 

694 
2 
1 



76,556 14 
9,400 00 

251 33 

15,439 78 
6,356 61 
5,934 70 

75,974 89 
1,634 45 

15,404 35 

34,056 69 



120 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of expenses of the corporation during previous year . . $1,218 22 

Amount of treasurer's bonds 15,000 00 

Date of examination by commissioner : April 10. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4s . 


• 


$4,000 


$4,090 00 


$4,010 62 


Bank Stock. 



Wrentham Nat'l Bank, Wreritham . 
Webster Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston, 
Merchandise Nat'l Bank, Boston . 
Boylston Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston . 



$700 
1,000 
1,500 
5,000 
1,500 
800 



$10,500 



$700 
1,042 
1,644 
4,800 
1,586 
986 



00 
50 
37 
00 
25 
00 



,759 12 



$700 00 
1,000 00 
1,500 00 
5,000 00 
1,500 00 
800 00 



$10,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



121 



FRAMINGHAM SAVINGS B ANK — FRAMINGHAM. 

Incorporated 1846. Number of corporators, 32. 

Charles Upham, President. . Treasurer, C. S. Adams. 

Statement. 



Liabilities. 


Assets. 

• 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$1,050,563 29 
50,591 30 
10,800 00 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Expense account . 

Safe, vault, &c. 

Cash on band .... 


$57,100 00 

131,200 00 

17,064 49 

19,100 00 

741,277 43 

78,905 00 

2,837 99 

2,000 00 

62,469 68 




$1,111,954 59 


$1,111,954 59 



Loans on Bank Stock, amount on each : — 

On 20 shares Framingham National Bank 

On 1 share Waltham National Bank 

On 100 shares Boston National Bank and 100 shares National Bank 

of Redemption - 

On Savings Bank Deposit Book for $1,000 

Cash on Deposit in Bank : — 
Framingham National Bank 




Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : first Saturday in May 

and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest : 

$15,000, 4 percent; $17,600, 5 percent; $17,741.92, 6 per cent; 

$786,905, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 520 

Aggregate amount of the same 

Amount of investments from which no income is received 
Number of open accounts ...... 4,030 

Number and amount of deposits received for previous year, 1,307 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 120 

16 



$1,764 49 
100 00 

15,000 00 
200 00 



$49,067 97 

$19,100 00 

28,000 00 

1,452 10 

333 76 

$74,110 98 
25,530 12 
25,401 28 



765,199 92 
16,000 00 

132,376 57 

67,493 70 



122 



BANK COMMISSIONERS' REPORT. 



[Jan 



Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions . 

Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . . . 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 24. 



20 




1,117 


$59,584 79 


983 


30,424 08 


401 


11,609 96 


812 


261,105 92 


33 


22,811 07 


41 


29,403 8& 


15 


14,872 12 


1,201 


158,448 14 


367 




291 




. 


3,528 10 




20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City bonds: — 
City of Worcester .... 
of Lewiston, Me. 


$10,000 
13,100 

25,000 
9,000 


$10,500 00 
13,400 00 

26,200 00 
9,400 00 


$10,000 00 
13,100 00 

25,000 00 
9,000 00 




$57,100 


$59,500 00 


$57,100 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$600 


$700 00 


$600 00 


Boston Nat'l Bank, Boston 


3,300 


3,300 00 


3,300 00 


Blackstone Nat'l Bank, Boston 


1,900 


2,000 00 


1,900 00 


Central Nat'l Bank, Boston . 


11,500 


11,500 00 


11,500 00 


Commerce Nat'l Bank, Boston 


11,800 


13,500 00 


11,800 00 


Eliot Nat'l Bank, Boston 


15,500 


16,500 00 


15,500 00 


Freeman's Nat'l Bank, Boston 


3,000 


3,150 00 


3,000 00 


Framingham Nat'l B'k, Framingh'm, 


2,000 


3,000 00 


2,000 00 


Globe Nat'l Bank, Boston 


1,500 


1,550 00 


1,500 00 


Hide and Leather Nat'l B'k, Boston, 


18,000 


20,100 00 


18,000 00 


Howard Nat'l Bank, Boston . 


13,600 


15,500 00 


13,600 00 


First Nat'l Bank, Boston 


16,500 


30,500 00 


16,500 00 


Mount Vernon Nat'l Bank, Boston, 


8,500 


8,100 00 


8,500 00 


Market Nat'l Bank, Boston . 


3,000 


3,000 00 


3,000 00 


North America Nat'l Bank, Boston, 


1,000 


1,050 00 


1,000 00 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,250 00 


5,000 00 


Republic Nat'l Bank, Boston . 


9,000 


9,800 00 


9,000 00 


Second Nat'l Bank, Boston 


3,000 


4,200 00 


3,000 00 


Traders' Nat'l Bank, Boston . 


1,000 


1,000 00 


1,000 00 


Webster Nat'l Bank, Boston . 


1,500 


1,600 00 


1,500 00 




$131,200 


$155,300 


$131,200 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



123 



FRANKLIN SAVINGS BANK — BOSTON. 

Incorporated March, 1861. Number of corporators, 78. 
Osmyn Brewster, President, Treasurer, Henry "Whittemore. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Interest 


$2,775,206 88 

153,616 09 

21,745 27 

23,581 10 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Loans to counties, cities, or 

Deposit in banks on interest, 

Expense account . 

Cash on hand .... 


$255,021 87 

106,797 83 

203 69 

404,226 17 

1,824,729 51 

29,552 61 

287,930 00 

54,700 32 

3,047 33 

7,940 01 




$2,974,149 34 


$2,974,149 34 



Loans on Bank Stock, amount on each : — 
On 5 shares Continental National Bank . 



$203 69 



Cash on Deposit in Banks : — 

Continental National Bank ' . . $7,641 84 

Revere National Bank 47,058 48 

Amount of real estate held by foreclosure $404,226 17 

Assessed value of the same . . . • 370,625 00 

Amount of income received from the same . . . . . 12,601 48 

Amount of municipal tax on real estate 5,418 78 

Whole amount of interest or profits received or earned . . . $134,698 94 

Rate and amount of each semi-annual dividend for 1 n ' ( », flOA1 ,- 

> 2 per cent . < 56,801 45 
previous year ) ( 

Times for the dividends fixed by the by-laws : Eeb. 1 and Aug. 1. 

Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5|- per cent. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4 per cent; $5,000, 5 per cent; $864,862.17, 6 per cent; 

$334,275, 6i per cent; $47,000, 6| per cent; $500,740.09, 7 per 

cent; $13,000, 7^ per cent; $58,450, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 67 

Aggregate amount of the same . . . . . . . . 133,805 00 

Amount of investments from which no income is received . . 82,986 51 

Number of open accounts 7,484 

Number and amount of deposits received for previous year, 1,884 209,285 30 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 137 69,807 14 

Number of deposits of $1,000 and upwards .... 10 



124 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of $200 and less . . . 191 
Number and amount of deposits of $100 and less . . . 289 
Number and amount of deposits of $50 and less . . 1,324 
Number and amount of deposits held by women . . 2,099 
Number and amount of deposits held by guardians ... 49 
Number and amount of deposits held in trust . . . 1,969 
Number and amount of deposits held by charitable associa- 
tions 23 

Number and amount of withdrawals 7,176 

Number of accounts opened the previous year .... 434 
Number of accounts closed the previous year . . . 1,649 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: Feb. 27. 



$29,769 35 
23,665 51 
24,034 71 

816,623 14 
23,119 84 

617,073 40 

25,713 99 
901,113 65 



13,640 19 
10,000 00 



Public Funds. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 4s . 
" " " 4£s 


$20,000 

225,000 


$20,425 00 
238,218 75 


$18,193 75 
236,828 12 




$245,000 


$258,643 75 


$255,021 87 



Bank Stock. 



Continental Nat'l Bank, Boston 


$50,000 


$52,500 00 


$49,417 75 


Revere Nat'l Bank, Boston . • 


19,900 


21,094 00 


20,114 38 


Webster Nat'l Bank, Boston . 


3,100 


3,224 00 


2,905 75 


New England Nat'l Bank, Boston . 


4,000 


5,330 00 


4,170 00 


Atlas Nat'l Bank, Boston 


5,500 


6,558 75 


5,520 00 


Second Nat'l Bank, Boston 


5,500 


7,576 25 


5,602 95 


North Nat'l Bank, Boston 


14,600 


18,396 00 


14,067 00 


Third Nat'l Bank, Springfield 


5,000 


8,000 00 


5,000 00 




$107,600 


$122,679 00 


$106,797 83 



1880.] 



PUBLIC DOCUMENT — No. 8. 



125 



FRANKLIN SAVINGS INSTITUTION — GREENFIELD. 

' Incorporated 1834. Number of corporators, 20. 
Samuel O. Lamb, President. Treasurer, William H. Allen. 

Statement. 



Liabilities. 


Assets. 




Deposits 

Earnings, undivided . 

Guaranty fund . 


$2,744,416 27 
16,940 89 
14,000 00 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Railroad bonds 
^Real estate by foreclosure . 
Loans on real estate • . 
Loans on personal security . 
Loans to counties, cities, or 

Deposit in banks on interest, 
'Expense account . 
-Unpaid interest 

Cash on hand . 


$1,098,900 00 

63,400 00 

45,603 92 

182,500 00 

29,950 60 

784,022 84 

120,489 66 

276,721 18 

169,969 23 

1,677 51 

1,503 77 

618 45 




$2,775,357 16 


$2,775,357 16 



Loans on Bank Stock, amount on each : — 
On 62 shares First National Bank, Northampton 
On 37 shares Packard National Bank, Greenfield 
On 29 shares First National Bank, Greenfield . 
On 44 shares Shelburne Falls National Bank . 
On 15 shares Crocker National Bank, Turner's Falls 
On 10 shares City National Bank, Worcester . 
On 34 shares Conway National Bank, Conway 
On 50 shares National Redemption Bank, Boston 
On 50 shares Railroad Bank, Lowell . 
On 20 shares Franklin County Bank, Greenfield 
On 20 shares Packard National Bank, Greenfield 
On 10 shares Crocker National Bank, Turner's Falls 
On 7,500 First Mortgage Notes .... 
On 3,500 Franklin Savings Bank Deposit Books 



$5,500 00 
2,853 92 
3,925 00 
3,650 00 
1,375 00 
800 00 
2,500 00 

10,000 00 



► 15,000 00 



Cash on Deposit in Banks : — 

Hide and Leather National Bank, Boston $104,439 71 

First National Bank, Greenfield 57,529 52 

Packard National Bank, Greenfield 8,000 00 

Amount of real estate held by foreclosure $29,950 60 

Assessed value of the same 24,935 00 

Amount of income received from the same 1,706 29 

Amount of municipal tax on real' estate . . . t . . . 228 13 

f 

Whole amount of interest or profits received or earned . . . $161,298 57 

Rate and amount of each semi-annual dividend for i 2| per cent . r 66,531 75 
previous year ) 2 per cent . \ 53,416 30 



126 



BANK COMMISSIONERS' REPORT. 



[Jan. 




Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 per cent. 
The total amount of loans, with each specified rate of interest: 
$10,000, 4 per cent; $276,721.18, 5 per cent; $940,116.42, 6 percent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 598 

Aggregate amount of the same 

Amount of investments from which no income is received . 

Number of open accounts 6,721 

Number and amount of deposits received for previous year, 2,308 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 229 

Number of deposits of $1,000 and upwards . . . 1,120 
Number and amount of deposits of $200 and less . . 711 
Number and amount of deposits of $100 and less . . 612 
Number and amount of deposits of $50 and less . . 1,887 
Number and amount of deposits held by women . . 3,728 
Number and amount of deposits held by guardians . . . 131 
Number and amount of deposits held in trust .... 325 
Number and amount of deposits held by charitable associa- 
tions .68 

Number and amount of withdrawals .... 3,232 

Number of accounts opened the previous year .... 576 
Number of accounts closed the previous year .... 617 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Sept. 16. 



$525,717 20 
1,262 78 


238,373 01 


133,044 70 


101,275 11 

44,282 68 

31,472 36 

1,498,225 01 

65,167 99 

201,689 88 


25,480 32 
312,784 22 


4,672 24 
50,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 

City and town bonds: 
Town of Stockbridge 
City of Holyoke 
Town of Hyde Park 
City of Boston 

of Springfield . 
Town of Amherst . 
City of Cambridge . 
of Somerville . 
Town of Brookline . 
City of Portland, Me. 
Town of Greenfield 
City of Lynn . 
Town of Maiden 
City of Fitchburg . 
Town of Everett 



$250,000 



6,000 
65,000 
40,000 
50,000 
54,000 
50,000 
75,000 
35,000 
81,400 

5,000 
12,500 
10,000 
60,000 
13,000 
25,000 



$261,593 00 


6,350 00 


73,437 00 


42,375 00 


58,222 00 


65,202 00 


59,466 00 


84,385 00 


38,165 00 


94,739 00 


5,525 00 


12,979 00 


11,800 00 


69,200 00 


14,820 00 


28,500 00 



$250,000 00 



6,000 00 
65,000 00 
40,000 00 
50,000 00 
54,000 00 
50,000 00 
75,000 00 
35,000 00 
84,400 00 

5,000 00 
12,500 00 
10,000 00 
60,000 00 
13,000 00 
25,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 
Public Funds — Concluded. 



127 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Lowell .... 

of Fall River . 

of Lawrence .... 
Town of Adams ... 
City of Nashua, N\H. 

of Worcester . 

of Providence, R.I. . 




$46,000 
20,000 
30,000 
25,000 
75,000 
18,000 
50,000 


$51,980 00 
22,615 00 
35,900 00 
28,750 00 
89,250 00 
19,515 00 
60,000 00 


$46,000 00 
20,000 00 
30,000 00 
25,000 00 
75,000 00 
18,000 00 
50,000 00 






$1,095,900 


$1,234,768 00 


$1,098,900 00 



Bank Stock. 



First Nat'l Bank, Greenfield . 


$9,800 


$17,640 00 


$9,800 00 


First Nat'l Bank, Northampton 


4,900 


6,125 00 


4,900 00 


Commerce Nat'l Bank, Boston 


• 15,300 


16,830 00 


15,300 00 


Faneuil Hall Nat'l Bank, Boston . 


500 


615 00 


500 00 


North America Nat'l Bank, Boston, 


8,700 


8,700 00 


8,700 00 


Revere Nat'l Bank, Boston 


12,500 


12,687 00 


12,500 00 


Traders' Nat'l Bank, Boston . 


1,500 


1,515 00 


1,500 00 


Webster Nat'l Bank, Boston . 


10,200 


10,608 00 


10,200 00 




$63,400 


$74,720 00 


$63,400 00 



Railroad Bonds. 



Vermont and Massachusetts R.R. 
Boston and Albany Railroad . 
Connecticut River Railroad 
Eastern Railroad . 



$50,000 
25,000 
50,000 
57,500 



$182,500 



$57,166 00 
30,812 00 
50,000 00 
48,587 00 



$186,565 00 



$50,000 00 
25,000 00 
50,000 00 
57,500 00 



$182,500 00 



128 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GARDNER SAVINGS BANK — GARDNER. 

» 
Incorporated 1868. Number of corporators, 80. 

Francis Richardson, President. Treasurer, John D. Edoell. 

Statement. 



LlABILITIRS. 



AS8ET8. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$589,888 75 
4,666 12 
5,214 20 



$599,769 07 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Expense account . 
Interest account 
Cash on hand . 



$18,350 00 

73,594 25 

35,700 00 

24,600 00 

3,358 98 

274,179 08 
56,517 69 

100,220 00 

112 18 

340 44 

12,796 45 



$599,769 07 



Loans on Bank Stock, amount on each : — 
On 263 shares First National Bank, Gardner . 
On 100 shares First National Bank, Winchendon 

Cash on Deposit in Bank : — 
First National Bank of Gardner 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for 1 2 per cent . ( 

previous year ) 2 per cent . ( 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 
$92,020, 5 per cent; $371,796.77, 6 per cent; $2,800, 6£ per cent. 
Number of outstandining loans which are of an amount not 

exceeding $3,000 408 

Aggregate amount of the same 

Number of open accounts 1,894 

Number and amount of deposits received for previous year, 4,689 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 60 

. 158 
. 244 
. 196 
. 695 
.' 913 
. 23 
. 62 



$25,700 00 
10,000 00 

$12,796 45 

$3,358 98 

2,700 00 

258 00 

43 27 

$34,005 55 
11,439 76 
11,379 58 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



292,219 00 

101,862 49 

32,523 12 

34,001 03 
13,786 18 
9,189 46 
234,284 44 
11,017 99 
37,099 92 



1880.] 



PUBLIC DOCUMENT — No. 8. 



129 



Number and amount of deposits held by charitable associa- 



tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 17. 

Public Funds. 



7 $3,695 96 
831 103,290 85 
193 
240 

770 35 

. 10,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, registered, 1881 . 
" " 4s, " 1907 . 
" " 4£s, " 1891 . 

City bonds: — 
City of Bath, Me., municipal 6s 


$15,600 

1,000 

750 

1,000 


$16,419 00 
1,021 25 

752 18 

1,050 00 


$15,600 00 

1,000 00 

750 00 

1,000 00 




$18,350 


$19,282 43 


$18,350 00 



Bank 


Stock. 






Citizens' Nat'l Bank, Worcester 


$2,000 


$2,480 00 


$2,480 00 


Mechanics' Nat'l Bank, Worcester . 


5,000 


6,325 00 


6,325 00 


Crocker Nat'l Bank, Turner's Falls, 


10,000 


9,800 00 


10,000 00 


Orange Nat'l Bank, Orange . 


10,000 


10,600 00 


10,000 00 


First Nat'l Bank, Gardner 


4,500 


5,310 00 


5,284 00 


State Nat'l Bank, Boston 


5,000 


5,725 00 


5,612 50 


New England Nat'l Bank, Boston . 


500 


666 25 


698 75 


Mechanics' Nat'l Bank, Boston 


1,500 


1,653 75 


1,953 75 


Metropolitan Nat'l Bank, Boston . 


400 


400 00 


422 50 


Central Nat'l Bank, Boston . 


1,000 


970 00 


985 00 


Merchants' Nat'l Bank, Boston 


1,400 


1,918 00 


1,830 50 


Blackstone Nat'l Bank, Boston 


1,500 


1,541 25 


1,595 00 


Howard Nat'l Bank, Boston . 


2,500 


2,837 50 


2,543 75 


Boston Nat'l Bank, Boston 


7,500 


7,668 75 


7,166 25 


Hide and Leather Nat'l B'k, Boston, 


4,500 


4,933 12 


4,761 25 


Eagle Nat'l Bank, Boston 


1,100 


1,160 50 


1,284 25 


Exchange Nat'l Bank, Boston 


1,300 


1,794 00 


1,686 75 


Republic Nat'l Bank, Boston 


4,500 


5,478 75 


5,583 75 


Commonwealth Nat'l Bank, Boston, 


3,000 


3,060 00 


3,381 25 




$67,200 


$74,321 87 


$73,594 25 



Railroad Bonds. 






Boston and Albany Railroad 7s 
Boston and Maine Railroad 7s 
Boston and Lowell Railroad 5s 
Vermont and Mass. Railroad 6s 


$8,000 
5,000 

10,000 
1,600 


$9,720 00 
6,025 00 

10,100 00 
1,696 00 


$8,000 00 
5,000 00 

10,000 00 
1,600 00 




$24,600 


$27,541 00 


$24,600 00 



17 



130 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GEORGETOWN SAVINGS BANK — GEORGETOWN. 

Incorporated 1868. Number of corporators, 61. 
Jeremiah P. Jones, President. Treasurer, Oklando B. Tenm;v. 

Statement. 



Liabilities. 


ASPBTS. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$158,747 38 

944 52 

1,405 00 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Interest due .... 
Cash on hand .... 


$19,092 60 

18,204 67 

8,300 00 

96,0(53 63 

14,230 50 

2,10<; 66 

2,439 04 




$161,096 90 


$161,096 90 



Cash on Deposit, in Bank : 
Georgetown National Bank 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$3,000, 6 per cent; $6,000, 6£ per cent; $101,294.13, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 161 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 582 

Number and amount of deposits received for previous year . 287 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 25 

Number of deposits of $1,000 and upwards .... 44 
Number and amount of deposits of $200 and less ... 87 
Number and amount of deposits of $100 and less . . . 68 
Number and amount of deposits of $50 and less . . . 193 
Number and amount of deposits held by women . . . 267 
Number and amount of deposits held by guardians ... 6 
Number and amount of deposits held in trust .... 23 
Number and amount of deposits held by charitable associa- 
tions 13 

Number and amount of withdrawals 299 

Number of accounts opened the previous year *. . .71 

Number of accounts closed the previous year .... 42 



$1,809 40 

$8,300 00 

8,525 00 

186 76 

113 04 

$9,587 29 
2,900 67 
3,030 74 



101,294 13 
4,081 67 

29,607 45 

12,927 48 

11,909 83 
4,659 82 
3,389 85 

55,912 94 
2,714 80 

12,327 70 

5,436 98 
27,031 38 






1880.] 



PUBLIC DOCUMENT — No. 8. 



131 



Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 18. 



$280 97 
10,000 00 



Public Funds. 





Par "Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds : '■ — 
City of Bangor, Me., 7s . 
of Bangor, Me., 6s . 
of Bath, Me., 6s . 
of Belfast, Me., 6s . 
of Portland, Me. , 6s 
of Rockland, Me., 6s 


$2,000 
2,000 
4,500 
6,000 
1,500 
3,000 


$2,292 00 
2,110 00 
4,572 50 
6,090 00 
1,605 00 
3,045 00 - 


$2,292 50 
2,110 00 
4,572 50 
6,092 50 
1,595 00 
3,030 00 




$19,000 


$19,714 50 


$19,692 50 



Bank 


Stock. 






Columbian Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
Manufacturers' Nat'l Bank, Boston, 
Georgetown Nat'l B'k, Georgetown, 
Eleventh Ward Nat'l Bank, Boston, 
State Nat'l Bank, Boston 


$1,300 
1,000 
3,000 
8,000 
1,667 
3,000 


$1,820 00 
1,010 00 
2,700 00 
8,000 00 

3,480 00 


$1,703 00 
1,130 00 
3,465 00 
8,000 00 
616 67 
3,290 00 


v 


$17,967 


$17,010 00 


$18,204 67 






132 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GRAFTON SAVINGS BANK- GRAFTON. 

Incorporated March 13, 1869. Number of corporators, 50. 
George K. Nichols, President. Treasurer, Henky F. Wing. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided, 

Guaranty fund . 



$136,660 35 
6,296 07 
1,200 00 



$144,156 42 



Public funds . 

Bank stock 

Loans on bank stock 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Cash on hand . 



$20,915 62 

38,398 49 
2,200 00 

51,230 00 
1,200 00 

20,000 00 

10,000 00 

212 31 



$144,156 42 



Loans on Bank Stock, amount on each : — 
On 22 shares Mechanics' National Bank, Worcester . 



$2,200 00 



Cash on Deposit in Banks : — 

First National Bank, Grafton $5,000 00 

Grafton National Bank 5,212 31 



Whole amount of interest or profits received or earned . 

Bate and amount of each semi-annual dividend for ) 2-£ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4£ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 4£ per cent; $27,650, 6 per cent; $35,170, 6£ per cent; 

$6,810, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 54 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .... 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of withdrawals .... 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 



:l 



$6,728 30 
2,998 55 
2,642 29 



503 
242 

21 

35 

68 

70 

174 

131 

16 

6 

250 

64 

44 



54,630 00 
26,667 27 
13,280 77 

10,514 70 
5,273 41 
3,516 44 

34,599 55 
5,135 71 
3,133 74 

16,045 74 



1880.] 



PUBLIC DOCUMENT — No. 8. 



133 



Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : May 27. 



$100 00 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 5s, 1881 . 

" " 4£s "... 


$5,000 
15,000 


$5,112 50 
15,975 00 


$5,281 25 
15,634 37 




$20,000 


$21,087 50 


$20,915 62 



Bank Stock. 



Redemption Nat'l Bank, Boston 


$3,000 


$3,600 00 


$4,187 75 


Revere Nat'l Bank, Boston 


3,000 


3,500 00 


3,814 00 


State Nat'l Bank, Boston 


2,000 


2,362 50 


2,040 00 


Shawmut Nat'l Bank, Boston 


1,000 


1,145 00 


1,222 75 


Webster Nat'l Bank, Boston . 


1,300 


1,365 00 


1,476 12 


Howard Nat'l Bank, Boston . 


1,500 


1,710 00 


1,744 50 


North Nat'l Bank, Boston 


1,000 


1,230 00 


1,206 25 


Market Nat'l Bank, Boston . 


3,800 


3,838 00 


4,276 00 


Traders' Nat'l Bank, Boston . 


1,600 


1,620 00 


1,885 50 


Maverick Nat'l Bank, Boston . 


1,000 


1,850 00 


1,237 50 


Massachusetts Nat'l Bank, Boston . 


500 


570 00 


677 12 


City Nat'l Bank, Boston 


300 


345 00 


363 25 


North America Nat'l Bank, Boston, 


2,800 


3,080 00 


3,200 25 


Eliot Nat'l Bank, Boston 


1,000 


1,070 00 


1,230 00 


Manufacturers' Nat'l Bank, Boston, 


500 


462 50 


550 00 


Fourth Nat'l Bank, Boston 


500 


430 00 


500 00 


Spencer Nat'l Bank, Spencer . 


1,000 


1,050 00 


1,000 00 


First Nat'l Bank, Grafton 


1,300 


1,462 50 


1,462 50 


Grafton Nat'l Bank, Grafton . 


6,300 


6,804 00 


6,325 00 




$33,400 


$31,494 50 


$38,398 49 






134 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GREENFIELD SAVINGS BANK — GREENFIELD. 

Incorporated March 19, 1809. Number of corporators, 17. 
John Sanderson, President. Treasurer, Henry K. Simons. 

Statement. 



Liabilities. 



Assets. 



Deposits 
Guaranty fund . 
Earnings, undivided . 



$854,102 25 
6,850 00 
3,137 51 



,149 76 



Public funds, U. S. bonds 
Bank stock 
Loans on bank stock 
Railroad bonds 
Loans on real estate 
Real estate by foreclosure 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Taxes .... 
Interest unpaid 
Premiums 



§100,000 00 
89,000 00 
10,(585 00 
10,500 00 
409,740 36 
13,882 23 
137,491 23 

4,900 00 
41,294 28 
2,989 90 
3,088 11 
7,809 09 
32,769 56 



8864,149 76 



Loans on Bank Stock, amount on each: — 
On 49 shares Franklin County National Bank, Greenfield 
On 15 shares Crocker National Bank, Turner's Falls 
On 25 shares Conway National Bank, Conway . 
On 6 shares First National Bank. Greenfield . 
On 10 shares Adams National Bank, North Adams 
On 5 shares City National Bank, Springfield . 
On 2 shares Agawam National Bank, Springfield 

Cash on Deposit in Bank: — 
Franklin County National Bank, Greenfield 



Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest: 

$4,900, 5 per cent; $557,916.59, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 258 

Aggegate amount of the same 

Number of open accounts 2,051 

Number and amount of deposits received for previous year . 942 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 107 



:i 



$4,415 00 


1,500 00 


2,500 00 


600 00 


1,000 00 


500 00 


170 00 


$41,294 28 


$13,882 23 


9,050 00 


1,023 01 


144 04 


$50,481 99 


16,667 82 


20,320 88 



302,634 84 
95,557 92 
60,370 72 



1880.] 



PUBLIC DOCUMENT — No. 8. 



135 



Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . . 
Number and amount of deposits held in trust 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year , 

Amount of treasurer's bonds 

Date of examination by commissioner: Aug. 7. 

Public Funds. 



335 




183 


$21,720 13 


98 


9,201 15 


500 


7,225 57 


360 


111,458 93 


132 


21,805 02 


12 


6,312 31 


9 


1,701 05 


1,034 


128,788 77 


245 




146 




. 


3,109 99 







Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 



$100,000 



$103,000 00 



1100,000 00 



Bank Stock. 






Redemption Nat'l Bank, Boston 


$5,200 


$6,344 00 


$5,200 00 


Eliot Nat'l Bank, Boston 


4,200 


4,242 00 


4,200 00 


Revere Nat'l Bank, Boston 


4,800 


4,800 00 


4,800 00 


Market Nat'l Bank, Boston . 


1,800 


1,764 00 


1,800 00 


Merchants' Nat'l Bank, Boston 


3,300 


4,463 00 


3,300 00 


Hamilton Nat'l Bank, Boston. 


3,500 


3,745 00 


3,500 00 


City Nat'l Bank, Boston 


600 


663 00 


600 00 


Washington Nat'l Bank, Boston 


300 


387 00 


300 00 


Hide and Leather Nat'l B'k, Boston, 


1,300 


1,444 00 


1,300 00 


Second Nat'l Bank, Boston 


1,000 


1,350 00 


1,000 00 


Metropolitan Nat'l Bank, Boston . 


2,000 


1,890 00 


2,000 00 


First Nat'l Bank, Greenfield . 


2,400 


4,200 00 


2,400 00 


Athol Nat'l Bank, Athol 


2,500 


2,650 00 


2,500 00 


Chicopee Nat'l Bank, Springfield . 


300 


450 00 


300 00 


Agawam Nat'l Bank, Springfield . 


500 


575 00 


500 00 


Third Nat'l Bank, Springfield 


6,000 


9,600 00 


6,000 00 


First Nat'l Bank, Springfield . 


5,000 


7,500 00 


5,000 00 


City Nat'l Bank, Springfield . 


2,500 


2,550 00 


2,500 00 


Conway Nat'l Bank, Conway . 


4,000 


4,440 00 


4,000 00 


Franklin Co. Nat'l Bank, Greenfield, 


14,000 


23,940 00 


14,000 00 


Holyoke Nat'l Bank, Holyoke 


13,800 


14,904 00 


13,800 00 


Orange Nat'l Bank, Orange . 


5,000 


5,250 00 


5,000 00 


Palmer Nat'l Bank, Palmer . 


5,000 


5,550 00 


5,000 00 




$89,000 


$112,701 00 


$89,000 00 



Railroad Bonds. 



Eastern Railroad bonds . 




$10,500 00 



136 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GREAT BARRINGTON SAVINGS BANK i — GREAT BARRINGTON. 

Incorporated Feb. 23, 1869. Number of corporators, 63. 

R. N. Coucn, President. Treasurer, Charles J. Taylor. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$246,956 53 
8,006 88 
2,469 02 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Loans on savings bank book, 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Expense account . 
Cash on hand .... 


$26,000 00 

74,508 53 

840 00 

175 00 

8,968 92 

118,187 17 

10,82.'5 76 

459 80 

17,469 25 




$257,432 43 


$257,432 43 



Loan on Bank Stock, amount on each: — 
On 11 shares National Mahaiwe Bank 



$840 00 



Cash on Deposit in Bank : — 
National Mahaiwe Bank, Great Barrington 



. $17,388 99 



Amount of real estate held by foreclosure $8,968 92 

Assessed value of the same. 2 

Amount of income received from the same 160 66 

Amount of municipal tax on real estate 44 98 



Whole amount of interest or profits received or earned . 
Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest: 

$130,025.93, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 130 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 



$17,143 26 



1,578 

9 

3 
228 
221 
687 
797 
14 
56 



90,898 81 
3 13,97l 70 

36 00 

32,988 03 

15,831 35 

12,800 25 

116,547 16 

2,423 14 

9,561 57 

46 46 



1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued March 30, 1878. April 24, 1879, this hank 
was placed under a temporary injunction. 

2 On $7,913.52, assessed $4,765; balance assessed with other property. 
8 This includes the notes of Mrs. Sarah A. Parks, — $13,000. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



137 



Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: March 13. 



1,576 $113,963 93 

2 



18 



1,654 90 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, registered . 
" " 4^-s, coupon 


$25,000 
1,000 


$25,500 00 
1,050 00 


$25,000 00 
1,000 00 




$26,000 


$26,550 00 


$26,000 00 



Bank Stock. 



Mahaiwe Nat'l Bank, Gt. Barrington, 


$3,800 


$4,750 00 


$5,445 20 


Lee Nat'l Bank, Lee 


5,110 


6,205 00 


6,152 00 


Pittsfield Nat'l Bank, Pittsfield 


300 


375 00 


405 00 


First Nat'l Bank, Adams 


1,000 


1,300 00 


1,280 00 


Housatonic Nat'l Bank, Stockbridge, 


300 


450 00 


450 00 


Faneuil Hall Nat'l Bank, Boston . 


1,000 


1,250 00 


1,500 00 


Suffolk Nat'l Bank, Boston . 


1,300 


1,469 00 


1,703 00 


Redemption Nat'l Bank, Boston 


15,900 


19,875 00 


23,104 13 


North America Nat'l Bank, Boston, 


4,200 


4,410 00 


4,835 25 


Hamilton Nat'l Bank, Boston . 


1,900 


2,090 00 


2,227 75 


Atlantic Nat'l Bank, Boston . 


1,000 


1,350 00 


1,345 00 


New England Nat'l Bank, Boston . 


7,600 


10,184 00 


11,400 00 


Shoe and Leather Nat'l B'k, Boston, 


6,600 


6,864 00 


9,248 50 


Union Nat'l Bank, Boston 


1,400 


1,862 00 


2,020 20 


Merchants' Nat'l Bank, Boston 


2,500 


3,225 00 


3,392 50 




$53,910 


$65,659 00 


$74,508 53 



18 



138 



BANK COMMISSIONERS' REPORT. 



[Jan. 



GROVELAND SAVINGS BANK — GROVELAND. 

Incorporated 1869. Number of corporators, 31. 
Moses Foster, President. Treasurer, N. H. Griffith. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$35,762 53 
825 81 
360 00 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

Casb on hand .... 


$2,500 00 

4,530 00 

413 00 

26,475 00 
1,235 00 

1,500 00 
295 34 




$36,948 34 


$36,948 34 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of municipal tax on real estate . 



$413 00 

800 00 

12 75 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

the previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : April and October. 
The total amount of loans, with each specified rate of interest: 

$1,500, 5 per cent; $7,085, 7 per cent; $20,625, 7 T 8 ^ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 50 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 17. 



:l 



2,071 72 
711 48 

706 54 



169 
49 

5 
1 

44 
40 
32 
81 
1 

73 
14 
20 



29,210 00 


2,283 00 


5,205 43 


3,417 00 


1,788 43 


1,124 43 


469 80 


15,244 33 


39 04 


7,328 40 


52 75 


5,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



139 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 



^2,500 



$2,575 00 



!,500 00 



Bank Stock. 



First Ward Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston, 
Eleventh Ward Nat'l Bank, Boston, 


$600 

500 

1,500 

2,200 


$600 00 

500 00 

1,500 00 

1,100 00 


$600 00 

490 00 

1,570 00 

1,870 00 




$4,800 


$3,700 00 


$4,530 00 



140 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAMPDEN SAVINGS BANK — SPRINGFIELD. 

Incorporated 1852. Number of corporators, 44. 
Eliphalkt Trask, President. Treasurer, Peter S. Bailey. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,475,161 93 


Public funds .... 


$213,500 00 


Earnings, undivided . 


7,073 28 


Loans on public funds . 


4,400 00 


Guaranty fund . 


14,200 00 


Bank stock .... 


215,326 50 






Loans on bank stock 


8,500 00 






Railroad bonds 


23,000 00 






Loans on railroad stock 


1,500 00 






Real estate by foreclosure . 


149,451 89 






Loans on real estate 


715,205 00 






Loans on personal security . 


118,559 69 






Loans to counties, cities, or 








towns 


20,000 00 






Deposit in banks on interest . 


10,000 00 






Expense account . 


1,515 84 






Premium account . 


3,869 50 






Profit and loss 


1,379 77 






Taxes paid on bank stock . 


1,090 82 






Cash on hand .... 


9,136 20 




$1,496,435 21 


$1,496,435 21 



Loan on Public Funds, amount on each: — 
On $6,500 United States bonds $4,400 00 

Loans on Railroad Stock, amount on each: — 
On 15 shares Connecticut River Railroad $1,500 00 

Loans on Bank Stock, amount on each : — 

On 40 shares Agawam National Bank $4,000 00 

On 40 shares Holyoke National Bank 2,500 00 

On 20 shares City National Bank, Springfield 2,000 00 

Cash on Deposit in Bank : — 
Third National Bank, Springfield . . . . . . . $10,000 00 

Amount of real estate held by foreclosure $149,451 89 

Assessed value of the same 160,950 00 

Amount of income received from the same 7,500 00 

Amount of municipal tax on real estate 1,931 40 

Whole amount of interest or profits received or earned . . . $88,553 72 
Rate and amount of each semi-annual dividend for ) 2-J per cent . ( 32,117 38 

previous year ) 2 per cent . ( 28,565 12 

Times for the dividends fixed by the by-laws : Feb. 15 and Aug. 15. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$20,000, 3 per cent; $10,000, 4 per cent; $848,164.69, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 191 

Aggregate amount of the same 249,500 00 

Amount of investments from which no income is received . . 4,260 00 
Number of open accounts 3,265 



1880.] 



PUBLIC DOCUMENT — No. 8. 



141 



Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 



one time for the previous year 

Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less . . '. 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year , 

Amount of treasurer's bonds 

Date of examination by commissioner: July 31. 

Public Funds. 



2,060 $329,953 20 


218 


112,146 00 


557 




419 


60,434 00 


283 


21,186 00 


564 


12,726 00 


1,549 


662,000 00 


33 


19,171 00 


102 


66,830 00 


16 


7,500 00 


2,108 


316,687 47 


651 




653 




. 


6,210 00 


. 


10,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 5s, 1881 . 

44 44 4s " . . . . 


$50,000 
163,500 


$51,875 00 
167,175 00 


$50,000 00 
163,500 00 




$213,500 


$219,050 00 


$213,500 00 



Bank 


Stock. 






Agawam Nat'l Bank, Springfield . 


$51,000 


$58,650 00 


$57,677 50 


First Nat'l Bank, Chicopee 


4,000 


6,000 00 


5,030 00 


First Nat'l Bank, Boston 


2,800 


4,880 00 


2,800 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,325 00 


7,500 00 


Hadley Falls Nat'l B'k, Holyoke . 


4,000 


6,400 00 


4,732 00 


Merchants' Nat'l Bank, Boston 


23,000 


31,280 00 


27,210 00 


Monson Nat'l Bank, Monson . 


2,000 


3,000 00 


2,200 00 


Commerce Nat'l Bank, Boston 


8,500 


8,550 00 


10,865 00 


Third Nat'l Bank, Springfield 


6,400 


10,240 00 


9,760 00 


Revere Nat'l Bank, Boston 


7,500 


8,700 00 


7,500 00 


Ware Nat'l Bank, Ware 


7,500 


9,000 00 


10,050 00 


Holyoke Nat'l Bank, Holyoke 


15,000 


16,500 00 


15,000 00 


Webster Nat'l Bank, Boston . 


4,000 


4,200 00 


4,292 00 


Hampshire Co. Bank, Northampton, 


4,100 


4,715 00 


4,100 00 


Pynchon Nat'l Bank, Springfield . 


6,500 


10,985 00 


10,985 00 


First Nat'l Bank, Northampton 


3,000 


3,900 00 


3,000 00 


Wachusett Nat'l Bank, Fitchburg . 


5,000 


7,650 00 


5,000 00 


First Nat'l Bank, Springfield 


5,000 


6,650 00 


6,525 00 


Chapin Nat'l Bank, Springfield 


20,000 


21,200 00 


21,100 00 




$185,800 


$230,825 00 


$215,326 50 



Railroad Bonds. 



Eastern Railroad 4^s 



$24,500 



$20,580 00 



$23,000 00 



142 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAMPSHIRE SAVINGS BANK — NORTHAMPTON. 

Incorporated May, 1869. Number of corporators, 26. 
Luther Bodman, President. Treasurer, Lewis "Warner. 

Statement. 



Liabilities. 


Assets. 


Deposits » . 
Earnings undivided . 
Guaranty fund . 


$456,957 07 
6,630 62 
3,725 00 


Bank stock .... 

Loans on bank stock 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in banks on interest, 

Expense account . 


$191,496 75 

6,000 00 

6,150 00 

177,708 99 

41,426 04 

43,664 21 

806 70 




$467,312 69 


$467,312 69 



Loans on Bank Stock, amount on each : — 
On 46 shares Hampshire County National Bank 
On 18 shares Northampton National Bank 
On 9 shares First National Bank, Northampton 

Cash on Deposit in Bank: — 
Hampshire County National Bank, Northampton . 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws : May 15 and Nov. 15 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4£ per cent. 
The total amount of loans, with each specified rate of interest: 

$225,195.03, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 151 

Aggregate amount of the same 

Number of open accounts 3,133 



$4,600 00 
500 00 
900 00 


$43,664 21 


$6,150 00 

5,300 00 

391 00 

72 50 


$22,636 68 
10,183 42 
10,290 73 



157,195 03 



Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .... 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits, held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 



710 107,137 55 



. 70 


39,176 04 


. 109 




. 196 


26,281 52 


. 130 


9,066 88 


. 364 


5,485 75 


1,142 


98,314 62 


6 


2,103 55 


. 43 


19,728 99 






1880.] 



PUBLIC DOCUMENT — No. 8. 



143 



Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year .... 

Amount of expenses of the corporation during previous year . 806 70 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : April 30. 



10 


$13,114 43 


892 


116,498 90 


252 




197 





Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Hampshire County Nat'l B'k, North- 








ampton ..... 


$44,400 


$53,280 00 


$52,519 90 


Northampton Nat'l B'k, Northam'n, 


7,800 


9,750 00 


11,857 50 


First Nat'l Bank, Northampton 


4,100 


5,330 00 


5,488 00 


First Nat'l Bank, Easthampton 


9,000 


11,700 00 


11,250 00 


John Hancock Nat'l B'k, Springfield, 


2,000 


2,600 00 


2,490 00 


Chicopee Nat'l Bank, Springfield . 


500 


800 00 


800 00 


Agawam Nat'l Bank, Springfield . 


800 


1,120 00 


1,088 00 


Mechanics' Nat'l Bank, Worcester . 


2,500 


3,395 00 


3,395 00 


Ware Nat'l Bank, Ware . 


1,200 


1,624 00 


1,624 00 


Union Nat'l Bank, Weymouth 


1,300 


1,524 00 


1,592 50 


First Nat'l Bank, Chicopee 


2,400 


3,840 00 


3,755 00 


North Nat'l Bank, Eoston 


10,000 


13,600 00 


12,661 00 


Howard Nat'l Bank, Boston . 


3,300 


3,828 00 


3,695 00 


Shawmut Nat'l Bank, Boston 


3,500 


4,165 00 


4,477 50 


Hide and Leather Nat'l B'k, Boston, 


3,200 


3,680 00 


3,797 00 


Commerce Nat'l Bank, Boston 


2,000 


2,300 00 


2,505 00 


Tremont Nat'l Bank, Boston . 


4,200 


4,956 00 


5,386 00 


Continental Nat'l Bank, Boston 


3,500 


3,745 00 


4,030 00 


Republic Nat'l Bank, Boston . 


800 


1,032 00 


1,032 00 


North America Nat'l Bank, Boston, 


1,000 


1,100 00 


1,147 50 


Market Nat'l Bank, Boston . 


3,500 


3,760 00 


4,219 37 


Mount Vernon Nat'l Bank, Boston, 


700 


735 00 


896 00 


Commonwealth Nat'l Bank, Boston, 


4,000 


4,440 00 


4,635 00 


Merchants' Nat'l Bank, Boston 


3,000 


4,230 00 


4,260 00 


Atlantic Nat'l Bank, Boston- . 


900 


1,260 00 


1,221 75 


Atlas Nat'l Bank, Boston 


3,300 


3,960 00 


3,902 75 


Eliot Nat'l Bank, Boston 


3,600 


3,960 00 


4,640 00 


Hamilton Nat'l Bank, Boston 


700 


826 00 


906 00 


Massachusetts Nat'l Bank, Boston . 


1,500 


1,740 00 


1,920 00 


Suffolk Nat'l Bank, Boston . 


3,000 


3,570 00 


3,870 00 


Revere Nat'l Bank, Boston 


2,200 


2,596 00 


2,802 00 


Shoe and Leather Nat'l B'k, Boston, 


1,000 


1,180 00 


1,436 25 


Globe Nat'l Bank, Boston 


4,800 


5,040 00 


5,651 87 


Third Nat'l Bank, Boston 


1,500 


1,545 00 


2,100 93 


Second Nat'l Bank, Boston 


5,000 


7,550 00 


7,900 00 


Eleventh Ward Nat'l Bank, Boston, 


1,300 


780 00 


780 00 


Eagle Nat'l Bank, Boston 


1,200 


1,296 00 


1,476 00 


Manufacturers' Nat'l Bank, Boston, 


1,000 


1,000 00 


1,040 00 


Blackstone Nat'l Bank, Boston 


2,200 


2,320 00 


3,247 93 




$151,900 


$185,157 00 


$191,496 75 



144 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HAVERHILL SAVINGS BANK — HAVERHILL. 

Incorporated 1829. Number of corporators, 20. 
John A. Appleton, President. Treasurer, A. B. Jaques. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



2,878,555 48 

8,440 13 

34,797 12 



5,921,798 73 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Deposit in banks . 
Premium account . 
Cash on hand . 



SI, 037,300 00 

502,950 00 

34,700 00 

124,200 00 

1,100,875 00 

21,800 00 

30,000 00 

20,000 00 

36,000 00 

0,731 05 

7,242 68 



$2,921,798 73 



Loans on Bank Stock, amount on each : — 

On 176 shares Essex National Bank, Haverhill .... $15,800 00 

On 12 shares Haverhill National Bank, Haverhill .... 900 00 

On 153 shares First National Bank, Haverhill 15,000 00 

On 10 shares Merrimack National Bank, Haverhill; 15 shares Tre- 

mont National Bank; 7 shares Boston National Bank, Boston . 3,000 00 

Cash on Deposit in Banks : — 

Boston National Bank $20,000 00 

Haverhill National Bank 36,000 00 

Whole amount of interest or profits received or earned . . . $164,626 45 
Rate and amount of each semi-annual dividend for ) 2-£ per cent . j 66,706 93 

previous year S 2£ per cent . 1 68,695 52 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including the last extra dividend: 71 per cent. 
The total amount of loans, with each specified rate of interest : 

$20,000, 5 per cent; $1,166,500, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 539 

Aggregate amount of the same 673,575 00 

Amount of investments from which no income is received . . * 15,000 00 

Number of open accounts 7,623 

Number and amount of deposits received for previous year, 4,061 342,389 00 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 274 146,202 00 

Number of deposits of $1,000 and upwards . . . 1,153 

Number and amount of deposits of $200 and less . . . 924 126,450 00 

1 Bank stock. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



145 



Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 



. 853 
1,989 
4,374 
. 50 
. 279 



Number and amount of deposits held by charitable associa- 
tions 



73 



Number and amount of withdrawals . . . . . 3,876 
Number of accounts opened the previous year . . . 1,073 
Number of accounts closed the previous year .... 643 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 19. 



$55,413 00 

40,816 00 

1,533,484 00 

32,187 00 

140,161 00 

62,515 00 
323,950 05 



4,420 96 
20,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 


• 

$370,000 


$379,706 25 


$370,000 00 


City and town bonds : — 








City of Boston .... 


105,000 


105,800 00 


105,000 00 


of Haverhill . 




95,500 


100,435 00 


95,500 00 


of Fall River -. 




97,000 


99,300 00 


97,000 00 


of Portsmouth, N.H. 




51,500 


56,135 00 


51,500 00 


of Dover, N.H. 




46,300 


50,004 00 


46,300 00 


of Cambridge . 




40,000 


43,200 00 


40,000 00 


of Nashua, N.H. 




35,000 


38,150 00 


35,000 00 


of Somerville . 




30,000 


32,100 00 


30,000 00 


of Lawrence . 




28,000 


31,360 00 


28,000 00 


Town of Brookline . 




22,000 


24,745 00 


22,000 00 


of Natick 




20,000 


21,500 00 


20,000 00 


of Winthrop . 




20,000 


23,200 00 


20,000 00 


City of Charlestown 




20,000 


21,300 00 


20,000 00 


of Portland, Me. . 




15,000 


16,050 00 


15,000 00 


Town of Bradford . 




13,000 


14,170 00 


13,000 00 


of Winchester 




13,000 


13,780 00 


13,000 00 


City of Lynn . . ' 




10,000 


11,200 00 


10,000 00 


of Manchester, N.H. 




5,000 


5,350 t)0 


5,000 00 


of Chelsea 




1,000 


1,040 00 


1,000 00 






$1,037,300 


$1,088,525 25 


$1,037,300 00 



Bank Stock. 



Haverhill Nat'l Bank, Haverhill 
Merrimack Nat'l Bank, Haverhill 
Essex Nat'l Bank, Haverhill . 
First Nat'l Bank, Haverhill . 
Methuen Nat'l Bank, Methuen 
First Nat'l Bank, Maiden 
Bay State Nat'l Bank, Lawrence 



$37,500 
27,500 
16,700 
13,000 
10,000 
10,000 
3,750 



$52,500 00 
41,250 00 
18,370 00 
16,250 00 
11,500 00 
11,500 00 
6,175 00 



$37,500 00 
27,500 00 
16,700 00 
13,000 00 
10,000 00 
10,000 00 
3,750 00 



19 



146 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Andover Nat'l Bank, Andover 
Boston Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Kedemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . \ 
Traders' Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Hamilton Nat'l Bank, Boston . 
Columbian Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
First Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Third Nat'l Bank, Boston 
Fourth Nat'l Bank, Boston . 
Central Nat'l Bank, Boston . 
Everett Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston 



$3,200 

26,700 

26,700 

25,400 

22,500 

20,000 

20,000 

20,000 

15,000 

15,000 

15,000 

15,000 

15,000 

15,000 

10,000 

10,000 

10,000 

10,000 

10,000 

10,000 

10,000 

7,500 

7,500 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 



$502,950 



$3,616 00 
27,247 35 
26,767 75 
30,670 50 
27,562 50 
21,925 00 
23,950 00 
20,550 00 
20,775 00 
16,650 00 
18,900 00 
17,250 00 
17,250 00 
17,150 00 
12,325 00 
18,500 00 
10,125 00 
10,200 00 
10,400 00 

9,025 00 
10,550 00 

7,912 50 

8,250 00 

5,587 50 

5,212 

9,012 

5,756 

4,250 

4,300 

4,750 

5,025 

5,250 



50 
50 
25 
00 
00 
00 
00 
00 



$3,200 00 
26,700 00 
26,700 00 
25,400 00 
22,500 00 
20,000 00 
20,000 00 
20,000 00 
15,000 00 
15,000 00 
15,000 00 
15,000 00 
15,000 00 
15,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 

7,500 00 

7,500 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 

5,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$594,240 35 



$502,950 00 



Railroad Bonds. 



Boston and Maine Railroad . 
Eastern Railroad 

Old Colony and Newport Railroad . 
New Bedford and Taunton Railroad, 
West Amesbury Branch Railroad . 



$75,000 

26,000 

15,000 

10,000 

6.000 



$132,000 



$90,000 00 

21,580 00 

16,800 00 

10,000 00 

6,360 00 



$144,740 00 



$75,000 00 

18,200 00 

15,000 00 

10,000 00 

6,000 00 



$124,200 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



147 



HAYDENVILLE SAYINGS BANK — HAYDENVILLE. 

Incorporated March 17, 1869. Number of corporators, 78. 
Elnathan Graves, President. Treasurer, B. S. Johnson. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$180,252 35 


Public funds .... 


$26,583 90 


Earnings, undivided . 


10,314 07 


Bank stock .... 


7,834 00 


Guaranty fund . 


1,583 77 


Railroad bonds 


5,737 50 






Real estate by foreclosure . 


4,000 00 






Loans on real estate 


91,640 90 






Loans on personal security . 


44,567 06 






Loans to counties, cities, or 










11,300 00 






Deposit in banks on interest, 


73 75 






Expense account . 


332 21 






Cash on hand .... 


80 87 




$192,150 19 


$192,150 19 



Cash on Deposit in Bank : — 
First National Bank, Northampton 



Amount of real estate held by foreclosure 

Assessed value of the same *. 

Amount of income received from the same 

Amount of municipal tax on real estate ...... 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for previous year, 

2 per cent (no dividend in January) 

Times for the dividends fixed by the by-laws : second Tuesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6 T ^ per cent. 
The total amount of loans, with each specified rate of interest: 

$8,000, 5 per cent; $1,500, 6 per cent; $138,007.96, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 174 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



704 
107 



8 

47 
87 
78 
228 
257 
13 
22 



$73 75 

$4,000 00 

2,160 00 

200 34 

15 34 

$12,243 24 
3,690 40 



125,107 96 
13,869 76 

11,933 92 

4,100 00 

12,432 71 

5,677 72 
3,552 47 

54,606 14 
3,215 37 

10,911 15 



148 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: April 29. 



321 $38,563 27 
28 
141 

1,120 14 
. 20,000 00 



Public 


Funds. 






• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, registered, 1881 . j $25,000 


$26,312 50 


$26,583 90 


Bank Stock. 


Conway Nat'l Bank, Conway . 


$6,900 


$7,935 00 


$7,834 00 


Railroad Bonds. 


Boston and Albany Railroad . 


$5,000 


$6,087 50 


$5,737 50 






1880.] 



PUBLIC DOCUMENT — No. 8. 



149 



HINGHAM INSTITUTION FOR SAVINGS — HINGH AM. 

Incorporated April2, 1834. Number of corporators, 67. 
Daniel Bassett, President. Treasurer, Henry C. Harding. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,561,218 74 


Public funds .... 


$125,937 50 


Earnings, undivided . 


14,593 11 


Loans on public funds . 


1,000 00 


Guaranty fund . 


12,033 44 


Bank stock .... 


140,802 50 






Loans on bank stock 


980 00 






Railroad bonds 


45,000 00 






Loans on railroad stocks 


500 00 






Real estate .... 


3,000 00 






Real estate bv foreclosure . 


96,350 93 






Loans on real estate 


963,854 13 






Loans on personal security . 
Loans to counties, cities, or 


104,680 00 






towns 


41,500 00 






Deposit in banks on interest, 


43,619 92 






Expense account . 


2,259 64 






Casb on hand and in banks . 


18,360 67 




$1,587,845 29 


$1,587,845 29 



Loan on Public Funds, amount on each : — 
On $1,000 City of Boston 4 per cent bonds 

Loans on Railroad Stock, amount on each : - 
On 6 shares Boston and Providence . 



Loans on Bank Stock, amount on each : — 
On 15 shares Hingham National Bank 
On 3 shares Mount Wollaston National Bank 



Cash on Deposit in Banks : — 
Shoe and Leather National Bank 
Webster National Bank 
Hingham National Bank . 
New England Trust Company . 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws: first Tuesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7-J per cent. 



$1,000 00 



$500 00 



$850 00 


130 00 


$42,340 14 


11,666 77 


5,130 35 


1,279 78 


$3,000 00 


3,000 00 


96,350 93 


80,950 00 


3,142 31 


1,057 56 


$86,253 15 


31,196 83 


30,739 18 



150 



BANK COMMISSIONERS' REPORT. 



[Jan. 



The total amount of loans, with each specified rate of interest: 
$25,000, 4$ per cent; $70,000, 5 per cent; $10,000, 5£ per cent; 
$719,969, 6 per cent; $50,900, 6£ per cent; $209,885, 7 per cent; 
$4,850, 7^ per cent; $10,410, 7* per cent; $10,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 350 

Aggregate amount of the same $288,870 00 

Amount of investments from which no income is received . . 17,262 85 

Number of open accounts 3,569 

Number and amount of deposits received for previous year . 858 80,508 47 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 74 39,670 11 

Number of deposits of $1,000 and upwards .... 573 
Number and amount of deposits of $200 and less . . .420 59,230 36 
Number and amount of deposits of $100 and less . . . 303 18,274 69 
Number and amount of deposits of $50 and less . . . 774 16,792 12 
Number and amount of deposits held by women . .• 1,779 724,996 17 
Number and amount of deposits held by guardians ... 24 7,961 27 
Number and amount of deposits held in trust .... 572 206,105 63 
Number and amount of deposits held by charitable associa- 
tions 20 16,987 45 

Number and amount of withdrawals . . . . . 1,448 166,220 87 
Number of accounts opened the previous year. . . . 223 
Number of accounts closed the previous year .... 262 
Amount of expenses of the corporation during previous year . . 3,298 33 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : July 15. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$48,500 


$51,046 25 


$51,000 00 


" " 4s . 


25,000 


25,531 25 


24,937 50 


City bonds : — 








City of Boston 4s . 


50,000 


50,500 00 


50,000 00 




$123,500 


$127,077 50 


$125,937 50 


Bank Stock. 


Merchants' Nat'l Bank, Boston 


$7,500 


$10,050 00 


$7,500 00 


Union Nat'l Bank, Boston 


5,000 


6,500 00 


5,000 00 


State Nat'l Bank, Boston 




2,600 


2,990 00 


2,600 00 


Globe Nat'l Bank, Boston 




4,000 


4,120 00 


3,862 50 


Suffolk Nat'l Bank, Boston 




3,600 


4,140 00 


3,600 00 


Market Nat'l Bank, Boston 




3,600 


3,600 00 


3,600 00 


Republic Nat'l Bank, Boston 




7,500 


9,000 00 


7,500 00 


Atlantic Nat'l Bank, Boston 




3,800 


5,320 00 


3,800 00 


Eagle Nat'l Bank, Boston 


10,000 


10,500 00 


10,000 00 









1880.] 



PUBLIC DOCUMENT — No. 8. 



151 



Bank Stock — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


New England Nat'l Bank, Boston . 


82,000 


$2,760 00 


$2,000 00 


City Nat'l Bank, Boston 


5,400 


6,210 00 


5,400 00 


Tremont Nat'l Bank, Boston . 


8,000 


9,280 00 


8,000 00 


First Nat'l Bank, Boston 


5,000 


9,150 00 


5,000 00 


Atlas Nat'l Bank, Boston 


7,500 


8,850 00 


7,500 00 


Commerce Nat'l Bank, Boston 


8,200 


9,266 00 


8,200 00 


Hamilton Nat'l Bank, Boston . 


4,200 


4,620 00 


4,200 00 


Shoe and Leather Nat'l B'k, Boston, 


6,500 


6,825 00 


6,500 00 


Revere Nat'l Bank, Boston 


11,200 


11,760 00 


11,200 00 


North America Nat'l Bank, Boston, 


8,000 


8,240 00 


8,000 00 


Webster Nat'l Bank, Boston . 


6,000 


6,240 00 


5,940 00 


Massachusetts Nat'l Bank, Boston . 


2,000 


2,160 00 


2,000 00 


First Nat'l Bank, Chelsea 


3,000 


3,300 00 


3,000 00 


Hingham Nat'l Bank, Hingham 


10,500 


10,500 00 


10,500 00 


Union Nat'l Bank, Weymouth 


2,800 


2,891 00 


2,800 00 


Abington Nat'l Bank, Abington 


1,500 


1,800 00 


1,500 00 


Old Colony Nat'l Bank, Plymouth . 


1,600 


2,000 00 


1,600 00 




$141,000 


$162,072 00 


$140,802 50 


RaILROj! 


^.d Bonds. 






Boston and Albany Railroad 7s 


$10,000 


$12,100 00 


$10,000 00 


Boston and Maine Railroad 7s 


10,000 


12,000 00 


10,000 00 


Boston and Lowell Railroad 7s 


10,000 


11,500 00 


10,000 00 


Old Colony Railroad 7s . 


10,000 


11,800 00 


10,000 00 


Eastern Railroad 4|s 


5,000 


4,150 00 


5,000 00 




$45,000 


$51,550 00 


$45,000 00 



152 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOLLISTON SAVINGS BANK — HOLLISTON. 

Incorporated Feb. 27, 1872. Number of corporators, 50. 
Skth Thayer, President. Treasurer, Orrin Thomson. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$305,173 17 
6,115 43 
1,900 00 



Public funds . 

Loans on public funds 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns . 
Deposit in banks . 
Expense account . 
Cash on band . 



$313,188 60 



$19,038 75 

300 00 

33,303 50 

3,680 00 

4,000 00 

7,050 00 

210,690 00 

17,721 26 

6,000 00 

8,736 68 

632 80 

2,035 61 



$313,188 60 



Loans on Public Funds, amount on each: — 
Gold and silver 



$300 00 



Loans on Bank Stock, amount on each : — 
On 58 shares Holliston National Bank, Holliston 



$3,680 00 



Cash on Deposit in Bank : — 
Holliston National Bank, Holliston 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Bate and amount of each semi-annual dividend for ) 2| per cent 

previous year > 2£ per cent 

Times for the dividends fixed by the by-laws : June and December. 
The total amount of loans, with each specified rate of interest 

$1,500, 5 per cent; $7,473, 6 per cent; $223,511.26, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each ........ 209 

Aggregate amount of the same 

Number of open accounts 1,008 

Number and amount of deposits received for previous year . 685 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 56 

Number of deposits of $1,000 and upwards .... 90 
Number and amount of deposits of $200 and less . . . 152 
Number and amount of deposits of $100 and less . . . 109 



$8,736 68 

$7,050 00 

8,210 00 

540 00 

111 86 

$17,417 85 
6,798 67 
6,872 84 



178,266 00 

79,479 73 

32,665 89 

21,306 93 
7,863 90 



1880.] 



PUBLIC DOCUMENT— No. 8. 



153 



Number and amount of deposits of $50 and less • 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 
tions 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : May 27. 



287 


$4,962 14 


529 


149,473 06 


12 


5,908 01 


21 


7,380 84 


4 


4,774 35 


738 


51,662 18 


169 




127 






1,300 00 




20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City bonds : — 
City of Worcester .... 
of Providence, R.I. . 
of Lewis ton, Me. 


$12,000 

4,000 
1,000 
2,000 


$12,240 00 

4.360 00 
1,050 00 
2,100 00 


$12,215 00 

3,700 00 
1,033 75 
2,090 00 




119,000 


$19,750 00 


$19,038 75 



Bank Stock. 



Holliston Nat'l Bank, Holliston 


$12,700 


$15,240 00 


$15,165 00 


Traders' Nat'l Bank, Boston . 


3,000 


3,030 00 


3,408 75 


Old Boston Nat'l Bank, Boston 


2,000 


2,600 00 


2,470 00 


Commonwealth Nat'l Bank, Boston, 


1,700 


1,751 00 


1,530 00 


Blackstone Nat'l Bank, Boston 


700 


714 00 


644 00 


State Nat'l Bank, Boston 


2,400 


2,832 00 


2,727 00 


Market Nat'l Bank, Boston . 


1,400 


1,414 00 


1,365 00 


Blue Hill Nat'l Bank, Boston 


1,500 


1,400 00 


1,383 75 


Home Nat'l Bank, Brockton . 


3,000 


3,000 00 


3,000 00 


Franklin Nat'l Bank, Franklin 


1,400 


1,600 00 


1,610 00 




$29,800 


$33,581 00 


$33,303 50 



Railroad Bonds. 



Eastern Railroad 




$4,000 00 



20 



154 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOLYOKE SAVINGS BANK — HOLYOKE. 

Incorporated 1855. Number of corporators, 76. 
Joel Russell, President. Treasurer, R. B. Johnson. 

Statement. 



Liabilities. 


» 
Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$1,145,900 76 
28,858 38 
11,500 00 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . 

Cash on hand .... 


$141,500 00 

173,284 67 

5,650 00 

683,450 00 

152,340 00 

112,915 91 

811 67 

6,000 00 

10,306 89 




$1,186,259 14 


$1,186,259 14 



Loans on Bank Stock, amount on each : — 
On 20 shares Holyoke National Bank 
On 10 shares Holyoke National Bank 
On 27 shares Holyoke National Bank 



Cash on Deposit in Banks : — 
National Bank of the Commonwealth, Boston 
Maverick National Bank, Boston 
Franklin County National Bank, Greenfield 
Chicopee National Bank, Springfield . 
Holyoke National Bank, Holyoke 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent . ( 

previous year ) 2^ per cent . ( 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$57,000, 4 per cent; $678,790, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 201 

Aggregate amount of the same 

Number of open accounts 3,577 

Number and amount of deposits received for previous year, 5,147 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 221 

Number of deposits of $1,000 and upwards .... 376 
Number and amount of deposits of $200 and less . - . 522 

Number and amount of deposits of $100 and less . . . 383 
Number and amount of deposits of $50 and less . . . 862 
Number and amount of deposits held by women . . 1,962 
Number and amount of deposits held by guardians ... 12 



$2,000 00 
1,000 00 
2,650 00 



$2,591 65 
21,658 87 
36,655 22 
20,000 00 
32,010 17 

$69,708 76 
33,885 59 
25,611 66 



249,300 00 

315,931 00 

127,628 00 

72,366 35 

27,207 59 

18,567 03 

607,349 07 

3,925 05 



1880.] 



PUBLIC DOCUMENT— No. 8. 



155 



14 $8,644 18 



Number and amount of deposits held in trust .... 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : July 31. 



18 


9,960 73 


2,491 


236,122 44 


840 




469 





3,382 00 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 

" «« currency 6s, 1881 
" " 5s . 
" " 4s . 


$100,000 

10,000 

10,000 

100 


$105,500 00 

11,200 00 

10,250 00 

103 00 


$100,000 00 

10,000 00 

10,000 00 

100 00 


" " 4|s . 


400 


420 00 


400 00 


State bonds, Massachusetts 5s 


17,000 


19,000 00 


17,000 00 


City bonds: — 
City of Boston 5s . 


4,000 


4,320 00 


4,000 00 




$141,500 


$150,793 00 


$141,500 00 



Bank Stock. 



Holyoke Nat'l Bank, Holyoke 


$35,600 


$38,448 00 


$36,062 00 


Hadley Falls Nat'l Bank, Holyoke . 


13,200 


18,480 00 


19,519 67 


Agawam Nat'l Bank, Springfield . 


5,000 


6,000 00 


6,687 00 


First Nat'l Bank, Springfield . 


11,900 


16,660 00 


14,964 59 


Second Nat'l Bank, Springfield 


5,000 


8,000 00 


9,302 00 


Third Nat'l Bank, Springfield 


13,500 


21,600 00 


20,678 41 


Chicopee Nat'l Bank, Springfield . 


3,100 


4,650 00 


4,935 00 


John Hancock Nat'l B'k, Springfield, 


4,900 


6,125 00 


6,197 00 


First Nat'l Bank, Northampton 


10,000 


13,000 00 


13,327 50 


Northampton Nat'l B'k, Northamp'n, 


7,600 


8,360 00 


11,670 00 


Hampshire Co. Natl B'k, Northamp'n, 


2,000 


2,400 00 


2,400 00 


First Nat'l Bank, Easthampton 


4,200 


5,250 00 


4,910 00 


Railroad Nat'l Bank, Lowell . ., 


3,400 


3,900 00 


4,128 00 


Townsend Nat'l Bank, Townsend . 


6,100 


7,320 00 


8,213 00 


Shelburne Falls Nat'l Bank, Shel- 








burne Falls .... 


300 


375 00 


369 50 


Conway Nat'l Bank, Conway . 


5,700 


6,384 00 


6,570 00 


First Nat'l Bank, Westfield . 


400 


560 00 


412 00 


First Nat'l Bank, South Adams 


2,200 


2,860 00 


2,800 00 


Pittsfield Nat'l Bank, P^ttsfield 


100 


140 00 


139 00 




$134,200 


$170,512 00 


$173,284 67 






156 



BANK COMMISSIONERS' REPORT. [Jan. 



HOME SAVINGS BANK i — BOSTON. 

Incorporated March 17, 1869. Number of corporators, 42. 

Henry Smith, President. Treasurer, B. N. Bullock. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,587,021 91 


Public funds .... 


$107,250 00 


Earnings, undivided . 


205,997 46 


Bank stock .... 


423,874 19 


Guaranty fund . 


10,000 00 


Loans on bank stock 
Loans on Home Savings 


27,850 00 






Bank books 


3,478 95 






Real estate by foreclosure . 


598,970 41 






Loans on real estate 


1,410,992 13 






Loans on personal security . 


101,425 00 






Loans to counties, cities, or 










24,000 00 






Deposit in banks on interest, 


136,748 90 






Expense account . 


484 69 






Balance accrued int. account, 


24,741 00 






Cash on hand . . 


3,204 10 




$2,863,019 37 


$2,863,019 37 



Loans on Bank Stock, amount on each : — 
On 116 shares National Bank of South Reading .... 

On 50 shares Dedham National Bank 

On 19 shares Bristol County National Bank and 4 shares Taunton 

National Bank 

On 10 shares Washington National Bank 

On 15 shares Boylston National Bank 

On 75 shares Central National Bank 

On 43 Home Savings Bank books (representing $11,431.18) : 

Cash on Deposit in Banks : — 
Central National Bank, Boston . 
Eliot National Bank, Boston 
Maverick National Bank, Boston 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws : April and October. 

The total amount of loans, with each specified rate of interest 

$14,000, 4 per cent ; $148,978.95, 5 per cent; $550,561.66, 6 per cent: 

$90,180, 6£ percent; $498,582.05, 7 percent; $7,100, 7 T 3 „ percent; 

$75,000, 7£ per cent ^ $39,000, 7£ per cent ; $144,343.42, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 169 

Aggregate amount of the same 242,565 20 

Amount of investments from which no income is received . . 118,363 25 
Number of open accounts 18,179 

1 Temporarily enjoined by decree of Supreme Judicial Court March 25, 1878. 



$11,000 00 


5,500 00 


2,000 00 


2,250 00 


1,500 00 


5,600 00 


3,478 95 


$81,148 90 


20,200 00 


35,400 00 


$598,970 41 


520,550 00 


10,838 19 


7,632 26 


$141,842 36 



1880.] 



PUBLIC DOCUMENT — No. 8. 



157 



Number of deposits of $1,000 and upwards .... 134 
Number and amount of deposits of $200 and less . . 1,254 $179,858 08 
Number and amount of deposits of $100 and less . . 1,402 106,010 85 
Number and amount of deposits of $50 and less . • 10,758 85,093 14 
Number and amount of deposits held by women . . 6,055 810,681 30 
Number and amount of deposits held by guardians ... 68 20,084 95 
Number and amount of deposits held in trust . - . . 1,594 407,233 86 
Number and amount of deposits held by charitable associa- 
tions 40 21,303 09 

Number and amount of withdrawals 15,434 519,482 16 

Number of accounts closed the previous year . . . .51 

Amount of expenses of the corporation during previous year . . 18,046 64 

Amount of treasurer's bonds 30,000 00 

Date of examination by commissioner: March 1. 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, registered, 1881 . 
" " 4s . 


$50,000 
52,500 


$52,750 00 
53,681 00 


$55,000 00 
52,250 00 




$102,500 


$106,431 00 


$107,250 00 



Bank 


Stock. 






Atlas Nat'l Bank, Boston 


% 
$18,000 


$21,420 00 


$20,700 00 


Blackstone Nat'l Bank, Boston 


8,100 


8,322 75 


8,856 00 


Boston Nat'l Bank, Boston 


1,400 


1,435 00 


1,332 00 


Central Nat'l Bank, Boston . 


30,000 


30,000 00 


31,363 25 


Columbian Nat'l Bank, Boston 


4,000 


5,500 00 


5,251 20 


Eliot Nat'l Bank, Boston 


5,200 


5,460 00 


5,616 00 


First Nat'l Bank, Boston 


9,000 


16,222 50 


16,650 00 


Freeman's Nat'l Bank, Boston 


9,800 


10,290 00 


10,584 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,475 00 


5,600 00 


Howard Nat'l Bank, Boston . 


12,800 


14,528 00 


13,908 87 


Hamilton Nat'l Bank, Boston 


8,000 


8,800 00 


9,440 00 


Market Nat'l Bank, Brighton 


14,300 


19,305 00 


. 20,449 00 


Market Nat'l Bank, Boston . 


15,000 


15,150 00 


15,900 00 


Massachusetts Nat'l Bank, Boston . 


5,000 


5,400 00 


5,500 00 


Merchants' Nat'l Bank, Boston 


10,000 


13,700 00 


12,593 00 


New England Nat'l Bank, Boston . 


20,000 


26,650 00 


26,800 00 


North Nat'l Bank, Boston 


20,000 


24,600 00 


23,400 00 


North America Nat'l Bank, Boston, 


5,000 


5,012 50 


5,400 00 


Redemption Nat'l Bank, Boston 


11,300 


13,560 00 


14,690 00 


Revere Nat'l Bank, Boston 


15,000 


15,900 00 


16,800 00 


Republic Nat'l Bank, Boston 


18,000 


21,915 00 


22,564 87 


Shawmut Nat'l Bank, Boston . 


18,000 


19,980 00 


21,240 00 


Second Nat'l Bank, Boston 


40,000 


55,100 00 


56,000 00 


Shoe and Leather Nat'l B'k, Boston, 


8,200 


8,-651 00 


9,676 00 


Suffolk Nat'l Bank, Boston . 


4,000 


4,530 00 


4,840 00 


Tremont Nat'l Bank, Boston . 


18,200 


21,112 00 


20,020 00 


Union Nat'l Bank, Boston 


10,000 


13,075 00 


13,600 00 


Webster Nat'l Bank, Boston . 


5,000 


5,212 50 


5,100 00 




$348,300 


$416,306 25 


$423,874 19 



158 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HOOSAC SAVINGS BANK — NORTH ADAMS. 

Incorporated April, 1871. Number of corporators, 42. 
O. A. Archer, President. Treasurer, C. H. Ingallb. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$97,033 72 

4,523 97 

686 44 


Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks . 
Expense account . 
Property account . 
Cash on hand 


$1,372 00 

20,189 18 

53,405 09 

14,456 82 

10,499 18 

822 03 

1,443 64 

56 19 




$102,244 13 


$102,244 13 



Cash on Deposit in Bank : 
Berkshire National Bank . 



Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for > 2£ per cent . i 

previous year \ 2$ per cent . ( 

Times for the dividends fixed by the by-laws: June 1 and Dec. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$67,861.91, 7 T \ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 83 

Aggregate amount of the same 

Number of open accounts 666 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 .... 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount pf deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 



$10,499 18 

$20,189 18 

14,100 00 

1,462 00 

292 55 

$4,523 97 
2,269 25 
2,172 38 



62,861 91 



491 


26,900 68 


11 


10,965 58 


22 




74 


10,958 57 


70 


4,004 58 


394 


4,508 05 


297 


36,875 54 


8 


2,334 82 


385 


29,704 82 


145 




111 





1880.] 



PUBLIC DOCUMENT — No. 8. 



159 



Amount of expenses of the corporation during previous year . . $1,995 30 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : Aug. 5. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Inyested. 


Adams Nat'l Bank, North Adams . 


$700 


1840 00 


$1,320 00 



160 



BANK COMMISSIONERS' REPORT. 



[Jan. 




HOPKINTON SAVINGS BANK — HOPKINTON. 

Incorporated March 23, 18G7. Number of corporators, 29. 
A. A. Sweet, President. Treasurer, E. J. Jenks. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided, 

Guaranty fund . 



$230,990 12 
7,075 06 
3,214 47 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure' 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Cash in bank . 



$241,279 65 



$27,458 75 

56,825 24 

100 00 

21,215 00 

2,568 58 

108,640 00 

5,700 00 

12,000 00 
6,772 08 



$241,279 65 



Loans on Bank Stock, amount on each : — 
On 2 shares Hopkinton National Bank 



$100 00 



Cash on Deposit in Bank : — 
Hopkinton National Bank . 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



per cent . ( 



Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for { 2 

previous year > 2| per cent 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
The total amount of loans, with each specified rate of interest: 

$22,500, 6 per cent; $98,840, 6£ per cent; $5,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 182 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 



752 
377 

29 

3 

40 

92 

345 

325 

4 

6 

478 

111 



$6,772 08 

$2,568 58 

3,000 00 

192 00 

40 00 

$16,935 04 
4,229 12 
5,351 90 



94,640 00 

51,661 20 

16,504 00 

4,550 60 

10,807 39 

7,632 30 

102,978 00 

3,022 00 

4,776 23 

40,447 39 



1880.] 



PUBLIC DOCUMENT— No. 8. 



161 



Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds . 

Date of examination by commissioner : May 29. 



98 



$1,000 00 
5,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United' States bonds, 1881 

City bonds : — 
City of Portland, Me. . 
of Belfast, Me. 
of Bangor, Me. 
of Rockland, Me. . 


$8,000 

6,000 
5,500 
5,000 
2,000 


$8,360 00 

6,600 00 
5,610 00 
5,300 00 
2,120 00 


$8,360 00 

6,002 50 
5,686 25 
5,350 00 
2,060 00 


- 


126,500 


$27,990 00 


$27,458 75 



Bank Stock. 



Shawmut Nat'l Bank, Boston . 


$9,000 


$9,540 00 


$11,023 74 


Hide and Leather Nat'l B'k, Boston, 


1,300 


1,430 00 


1,404 00 


Redemption Nat'l Bank, Boston 


5,000 


5,500 00 


6,990 00 


Faneuil Hall Nat'l Bank, Boston . 


1,500 


1,845 00 


1,965 00 


Republic Nat'l Bank, Boston . 


1,500 


1,815 00 


1,980 00 


Continental Nat'l Bank, Boston 


5,000 


5,050 00 


5,930 00 


Atlantic Nat'l Bank, Boston . 


5,000 


6,950 00 


6,832 50 


Revere Nat'l Bank, Boston 


3,800 


4,408 00 


4,607 50 


Atlas Nat'l Bank, Boston 


6,100 


7,259 00 


7,505 00 


North Nat'l Bank, Boston 


2,500 


3,075 00 


3,237 50 


Exchange Nat'l Bank, Boston 


1,000 


1,380 00 


1,875 00 


Everett Nat'l Bank, Boston . 


2,500 


2,550 00 


2,975 00 


Natick Nat'l Bank, Natick 


500 


575 00 


500 00 


• 


$44,700 


$51,377 00 


$56,825 24 



Railroad Bonds. 



Boston and Maine Railroad 

Old Colony Railroad 

Fitchburg Railroad 

Fitchburg and Worcester Railroad 

Boston, Fitchburg, and Clinton R.R 



$5,000 
8,000 
3,000 
2,000 
2,000 

$20,000 



$6,000 00 
9,400 00 
3,600 00 
2,040 00 
2,120 00 


$23,160 00 



$5,185 00 
8,535 00 
3,375 00 
2,020 00 
2,100 00 

Jl,215 00 



21 



162 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HUDSON SAVINGS BANK — HUDSON. 

Incorporated Feb. 26, 1869. Number of corporators, 38. 
Francis Brigham, President. Treasurer, F. D. Brigham. 

Statement. 



Liabilities. 


Assets. 




Deposits 


$201,817 90 


Public funds .... 


$27,108 03 


Earnings, undivided . 


5,285 29 


Bank stock .... 


6,106 00 


Guaranty fund . 


1,565 71 


Loans on bank stock 


1,500 00 






Railroad bonds 


5,225 00 






Real estate by foreclosure . 


992 61 






Loans on real estate 


128,420 00 






Loans on personal security . 


10, (Mil 11 






Loans to counties, cities, or 








towns 


10,000 00 






Expense account . 


318 69 






Eleventh Ward assessment . 


533 34 






Tax paid by bank . 


14 61 






Profit and loss 


4,395 75 






Cash on band .... 


13,963 76 




$208,668 90 


$208,668 90 



Loans on Bank Stock, amount on each : — 
On 27 shares Blackstone National Bank (as collateral) 



Cash on Deposit in Banks: — 
Wachusett National Bank . 
North National Bank . 



$1,500 00 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2| per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws: third Wednesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : A.\ per cent. 
The total amount of loans, with each specified rate of interest: 

$35,375, 6 per cent; $22,400, 6^ per cent; §49,530, 7 per cent; 

$34,715, 7£ per cent ; $600, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 158 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 904 

Number and amount of deposits received for previous year . 520 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 25 



$12,021 74 
502 28 


$992 61 

1,000 00 

57 00 

15 10 


$12,218 01 
4,475 97 
3,664 55 



121,120 00 
533 34 

35,454 00 

12,932 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



163 



Number of deposits of $1,000 and upwards .... 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust .... 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 
Number of accounts closed the previous year .... 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : July 16. 



43 




107 


$15,460 86 


110 


7,931 23 


372 


6,740 21 


386 


85,811 59 


10 


2,855 74 


126 


19,354 02 


8 


1,428 52 


355 


32,674 38 


103 




89 




. 


600 00 




40,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, 1881 . 
" " 4s, consols 

City and town bonds : — 
City of Worcester F. loan 
Town of Northampton . 
of Natick 



$5,000 
8,000 



8,000 
3,000 
2,000 



$5,275 00 
8,160 00 



8,560 00 
3,300 00 
2,300 00 



$26,000 



$27,595 00 



$5,652 50 
8,011 25 



8,560 00 
2,820 00 
2,064 28 



$27,108 03 



Bank Stock. 


State Nat'l Bank, Boston 


• 


$5,700 


$6,555 00 


$6,106 00 


Railroad Bonds. 


Eastern Railroad 


• 


$5,000 


$4,200 00 


$5,225 00 



164 



BANK COMMISSIONERS' REPORT. 



[Jan. 



HYDE PARK SAVINGS BANK i — HYDE PARK 

Incorporated March 8, 1871. Number of corporators, 38. 
Isaac J. Brown, President. Treasurer, Henry S. Bunton. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$37,904 15 

3,202 61 

410 53 


Bank stock 

Real estate by foreclosure . 
Loans on real estate 
Deposit in banks on interest . 
Expense account . 
Furniture and fixtures . 
Cash on hand .... 


$8,011 13 

8,085 49 

21,730 32 

1,405 47 

262 89 

1,100 00 

321 99 




$41,517 29 


$41,517 29 



Cash on Deposit in Bank : — 
Commonwealth National Bank, Boston 



$1,405 47 



Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$8,685 49 

6,920 00 

495 33 

105 18 



Whole amount of interest or profits received or earned . . . $2,442 74 
Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest: 

$9,180.32, 7 per cent; $12,550, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 20 

Aggregate amount of the same 

Number of open accounts 417 

Number and amount of deposits received for previous year . 46 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 5 

Number of deposits of $1,000 and upwards .... 4 
Number and amount of deposits of $200 and less ... 30 
Number and amount of deposits of $100 and less ... 29 
Number and amount of deposits of $50 and less ... 303 
Number and amount of deposits held by women . . . 173 
Number and amount of deposits held by guardians ... 1 
Number and amount of deposits held in trust .... 22 
Number and amount of deposits held by charitable associa- 
tions 2 



Number and amount of withdrawals . 
Number of accounts opened the previous year 
Number of accounts closed the previous year 



290 
15 
14 



1 An order regulating the payments of deposits for one year, limiting them to 
exceeding ten per cent each six months, was issued June 14, 1878, and extended 
to pay same amount on remainder of deposits each six months. 



21,730 32 


3,846 78 


2,810 25 


3,966 89 


2,035 77 


3,801 37 


13,523 71 


460 38 


6,060 82 


171 94 


10,527 91 


an amount not 


June 14, 1879, 



1880.] 



PUBLIC DOCUMENT — No. 8. 



165 



Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : May 22. 



$733 46 
10,000 00 



Bank 


Stock. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Commerce Nat'l Bank, Boston 
Freeman's Nat'l Bahk, Boston 
First Nat'l Bank, Newburyport 
Revere Nat'l Bank, Boston 


$1,000 
1,300 
2,700 


$1,102 50 
1,365 00 
3,375 00 


$2,438 25 
1,741 50 
3,655 50 
' 175 88 




$5,000 


$5,842 50 


$8,011 13 



166 



BANK COMMISSIONERS' REPORT. 



[Jan. 



INSTITUTION FOR SAVINGS IN ROXBURY AND ITS VICINITY — 

BOSTON. 

Incorporated Feb. 22, 1825. Number of corporators, 49. 
Mosks H. Day, President. Treasurer, Edward Richards. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,298,538 10 


Public funds .... 


$316,742 40 


Guaranty fund . 


30,000 00 


Loans on public funds . 


8,000 00 


Profit and loss . 


30,000 00 


Bank stock .... 


183,139 97 


Interest account 


28,206 12 


Loans on bank stock 


2,:;50 00 






Railroad bonds 


187,321 73 






Real estate .... 


6,000 00 






Real estate by foreclosure . 


136,867 80 






Loans on real estate 


1,014,085 07 






Loans on personal security . 


493,659 88 






Loans to counties, cities, or 








towns 


12,000 00 






Deposit in banks on interest . 


9,258 82 






Cash on hand .... 


18,378 55 




$2,386,804 22 


$2,386,804 22 



Loans on Public Funds, amount on each : — 
On 8,000 United States 6 per cent bonds . 



Loans on Bank Stock, amount on each: — 
On 20 shares First National Bank, Danvers 
On 10 shares People's National Bank, Boston 

Cash on Deposit in Banks : — 
Rockland National Bank .... 
Hamilton National Bank .... 
Market National Bank .... 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

the previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6^ per cent. 
The total amount of loans, with each specified rate of interest: 

$50,000, 3£ percent; $210,000, 4 percent; $20,000, 4 J percent; 

$65,300, 5 per cent; $417,782.86, 6 per cent; $201,700, 6£ per cent; 

$564,312.09, 7 per cent ; $22,700, 7^ per cent ; $14,200, 7* per cent. 



$8,000 00 



$1,350 00 
1,000 00 

$2,585 58 
1,153 86 
8,104 96 

$6,000 00 

3S,000 00 

135,867 80 

116,900 00 

2,900 00 

1,461 25 

$127,695 13 
I 44,064 57 
I 43,478 81 



1880.] 



PUBLIC DOCUMENT — No. 8. 



167 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 78 

Aggregate amount of the same $145,657 90 

Number of open accounts 6,268 

Number and amount of deposits received for previous year, 4,534 303,216 37 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 221 122,769 00 

Number of deposits of $1,000 and upwards .... 876 
Number and amount of deposits of $200 and less . . 841 121,166 00 
Number and amount of deposits of $100 and less . . 678 49,018 00 
Number and amount of deposits of $50 and less . . 1,560 31,833 00 
Number and amount of deposits held by women . . 3,586 1,214,679 00 
Number and amount of deposits held by guardians ... 30 15,740 00 
Number and amount of deposits held in trust .... 732 352,720 00 
Number and amount of deposits held by charitable associa- 
tions 56 31,403 00 

Number and amount of withdrawals 5,021 402,321 32 

Number of accounts opened the previous year .... 833 
Number of accounts closed the previous year .... 787 
Amount of expenses of the corporation during previous year . . 7,454 30 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : May 3. 

Public Funds. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 

" " 4£s . . . ' . 


$6,300 
215,000 


$66,150 00 
219,300 00 


$59,467 40 
221,375 00 


State bonds, Maine . • 


4,000 


4,000 00 


4,000 00 


City bonds : — 
City of Boston 4s, water loan . 

of Roxbury .... 


30,000 
2,000 


30,000 00 
2,000 00 


30,000 00 
1,900 00 




$314,000 


$321,450 00 


$316,742 40 



Bank Stock. 



Market Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Revere Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Rockland Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
People's Nat'l Bank, Boston . 



$2,5ao 

2,300 

25,700 

6,000 

1,500 

5,000 

15,000 

20,000 

17,300 

51,000 

5,500 

21,000 

$172,800 



$2,525 00 


2,714 00 


30,840 00 


7,200 00 


1,680 00 


6,950 00 


15,750 00 


36,600 00 


20,760 00 


65,280 00 


7,590 00 


30,030 00 


$227,919 00 



$2,500 00 

2,300 00 

25,680 47 

6,000 00 

2,000 00 

5,000 00 

15,000 00 

20,000 00 

19,430 00 

58,729 50 

5,500 00 

21,000 00 

$183,139 97 



168 



BANK COMMISSIONERS' REPORT. [Jan 



Railroad Bonds. 





Par Value. 


Estimated 

Market Value. 


Amount Invested. 


South Shore Railroad, guaranteed 

by Old Colony Railroad 
Boston and Providence Railroad 
Old Colony Railroad . . . 
Boston and Albany Railroad . 
Boston and Maine Railroad . 


$125,000 

12,000 

16,000 

17,000 

6,000 


$137,500 00 

14,400 00 

18,880 00 

20,570 00 

7,200 00 


$130,000 00 
13,614 07 

17,760 39 

19,240 42 

6,706 25 




$176,000 


$198,550 00 


$187,321 73 



1880.] 



PUBLIC DOCUMENT — No. 8. 



169 



INSTITUTION FOR SAVINGS IN NEWBURYPORT AND ITS 
VICINITY — NEWBURYPORT. 

Incorporated Jan. 31, 1820. Number of corporators, 88. 
Edward S. Moseley, President. Treasurer, Richard Stone. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$3,853,695 34 


Public funds .... 


$1,050,585 00 


Earnings, undivided . 


79,272 99 


Loans on public funds . 


2,000 00 


Guaranty fund . 


56,500 00 


Bank stock .... 


987,167 60 






Loans on bank stock 


* 1,500 00 






Railroad bonds 


139,375 00 






Real estate .... 


15,000 00 






Real estate by foreclosure . 


154,934 69 






Loans on real estate 


1,048,789 00 






Loans on personal security . 


227,751 85 






Loans to counties, cities, or 








towns 


222,000 00 






Deposit in banks on interest . 


67,747 09 






Accrued interest and taxes . 


71,989 65 






Cash on hand .... 


628 45 




$3,989,468 33 


$3,989,468 33 



Loans on Public Funds, amount on each : — 
United States bonds, par value $2,000 

Loans on Bank Stock, amount on each : — 
On 6 shares First National Bank, Newburyport 
On 10 shares First National Bank, Merrimac . 

Cash on Deposit in Bank : — 
First National Bank, Newburyport . 



. $2,000 00 

$600 00 
900 00 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for j 2 per cent 

previous year . J 2 per cent 

Times for the dividends fixed by the by-laws : fourth Wednesday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$50,000, 4 per cent; $55,000, 4| per cent; $170,000, 4^ per cent; 

$306,000, 5 per cent; $216,500, 5£ per cent; $1,439,540.85, 6 per 

cent; $87,200, 6J per cent; $201,050, 7 per cent; $1,250, 7 T % per 

cent; $120,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . .- 348 

22 



,747 09 



$15,000 00 

20,000 00 

154,934 69 

132,600 00 

2,655 51 

2,050 60 

$223,120 70 
( 77,259 90 
{ 74,974 59 



170 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Aggregate amount of the same $306,172 85 

Amount of investments from which no income is received . . 5,855 81 

Number of open accounts 8,809 

Number and amount of deposits received for previous year, 2,517 243,797 72 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 137 67,081 18 

Number of deposits of $1,000 and upwards . . . 1,463 
Number and amount of deposits of $200 and less . . 1,031 144,423 03 
Number and amount of deposits of $100 and less . . 717 319,815 79 
Number and amount of deposits of $50 and less . . 1,990 40,200 19 
Number and amount of deposits held by women . . 4,813 1,957,426 74 
Number and amount of deposits held by guardians. . . 33 21,833 05 
Number and amount of deposits held in trust . . . . 394 271,434 04 
Number and amount of deposits held by charitable associa- 
tions. .• 28 74,261 95 

Number and amount of withdrawals .... 5,304 605,953 78 

Number of accounts opened the previous year . . . 682 

Number of accounts closed the previous year .... 888 

Amount of expenses of the corporation during previous year . 6,179 36 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : June 16. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 


$400,000 


$412,968 75 


$417,200 00 


City and town bonds : — 








City of Charlestown 6s . 


35,000 


40,425 0Q 


33,600 00 


of Holyoke 6s . 




25,000 


28,750 00 


23,375 00 


of Lynn 6s 




75,000 


83,000 00 


74,000 00 


Town of Wakefield 6s . 




11,100 


11,550 00 


10,642 50 


City of Springfield 7s 




40,000 


50,000 00 


40,000 00 


Town of Franklin 6s 




15,000 


15,900 00 


15,000 00 


City of Nashua, N.H., 6s 




50,000 


55,000 00 


47,500 00 


of Hartford, Conn., 6s 




5,000 


5,500 00 


5,000 00 


Town of Groveland 5s 




17,000 


17,340 00 


17,000 00 


City of Concord, N.H., 6s 




35,000 


38,850 00 


35,000 00 


of Newburyport 5s . 




6,000 


6,120 00 


5,400 00 


of Newburyport 6s . 




183,000 


199,470 00 


175,680 00 


of Lewiston, Me., 6s 




10,000 


10,800 00 


10,000 00 


of Worcester 5s 




8,000 


8,120 00 


6,400 00 


of Bangor, Me., 7s . 




25,000 


27,500 00 


25,000 00 


of Bangor, Me., 6s . 




25,000 


26,500 00 


22,500 00 


of Lawrence 5^-s 




25,000 


26,000 00 


23,187 50 


Town of Melrose 7s 




8,000 


9,600 00 


8,000 00 


City of Portland, Me., 6s 




60,000 


64,800 00 


56,100 00 






$1,058,000 


$1,138,193 75 


$1,050,585 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



171 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Old Boston Nat'l Bank, Boston 
City Nat'l Bank, Boston . 
Columbian Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
Market Nat'l Bank, Boston . 
Manufacturers' Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
North Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Mechanics' Nat'l B'k, Newburyport, 
Merchants' Nat'l B'k, Newburyport, 
Ocean Nat'l Bank, Newburyport . 
Gloucester Nat'l Bank, Gloucester . 



$12,200 
75,000 

4,700 

3,700 
10,000 
10,800 
30,000 
22,100 
25,000 
28,600 

7,400 
10,000 
24,000 
10,000 
27,000 
13,300 
15,000 
15,000 
26,700 
50,800 

8,250 
20,000 
17,300 
10,000 
30,200 

6,000 
25,800 
37,500 
48,000 
20,000 
40,000 

6,900 
22,500 
27,200 
45,000 
20,800 
35,300 
20,000 
21,500 
24,520 

5,250 

6,000 



119,320 



$17,019 00 
89,250 00 

4,829 25 

3,783 25 
13,000 00 
12,420 00 
41,250 00 
24,365 25 
25,500 00 
30,173 00 

7,770 00 
13,800 00 
29,580 00 
18,025 00 
28,350 00 
13,732 25 
16,500 00 
16,443 75 
30,304 50 
51,308 00 

8,910 00 
37,000 00 
23,701 00 
13,325 00 
37,146 00 

6,015 00 
30,960 00 
39,750 00 
66,120 00 
22,200 00 
42,200 00 

7,900 50 
25,537 50 
27,472 00 
52,200 00 
27,196 00 
44,831 00 
20,850 00 
24,080 00 
25,746 00 

5,460 00 

7,800 00 



$1,083,803 25 



$13,420 00 

79.500 00 
5,029 00 
3,811 00 

11,000 00 
11,340 00 
33,000 00 
22,100 00 
26,000 00 
29,744 00 
7,770 00 
12,000 00 
25,920 00 
13,000 00 
29,160 00 
14,364 00 
15,900 00 
15,000 00 

27.501 00 
52,832 00 

8,745 00 
22,200 00 
19,549 00 
11,300 00 
32,918 00 

6,180 00 
29,412 00 
39,750 00 
53,760 00 
21,000 00 
42,400 00 

6,900 00 
24,075 00 
28,560 00 
47,700 00 
23,504 00 
38,477 00 
20,600 00 
23,220 00 
26,481 60 

5,565 00 

6.480 00 



$987,167 60 



Railro^ 


id Bonds. 






Eastern Railroad .... 
Providence and Worcester Railroad, 


$50,000 
100,000 


$41,500 00 
107,000 00 


$39,375 00 
100,000 00 




$150,000 


$148,500 00 


$139,375 00 






172 



BANK COMMISSIONERS' REPORT. 



[Jan. 



IPSWICH SAVINGS BANK — IPSWICH. 

Incorporated March 15, 1869. Number of corporators, 30. 
Joseph Ross, President. Treasurer, Theodore F. Cogswell. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$144,695 73 

2,777 34 

946 00 



Public funds . 

Loans on public funds . 

Bank stock 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Cash on hand . 



$148,419 07 



$12,23 

886 (10 
30,1(55 60 
79,041 00 
10,382 00 

2,500 00 

11,706 92 

1,506 31 



$148,419 07 



Loans on Public Funds, amount on each: — 
On $100 United States bond . 
On $1,000 Town of Quincy bond 



Cash on Deposit in Banks : — 

First National Bank, Salem 

First National Bank, Salem (on interest) 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous year » 2£ per cent 

Times for the dividends fixed by the by-laws: fourth Wednesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4£ per cent. 
The total amount of loans, with each specified rate of interest: 

$2,500, 4£ per cent ; $7,000, 6* per cent ; $83,309, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 123 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



:i 



812 
568 

18 

26 

102 

109 

362 

380 

5 

20 



$86 00 
800 00 



$563 04 
11,706 92 

$9,381 19 
2,489 32 
3,187 00 



89,609 00 

33,690 05 

9,387 72 

14,362 14 
7,431 47 
5,963 18 

66,007 72 

397 16 

3,264 09 



6 1,776 12 



1880.] 



PUBLIC DOCUMENT — No. 8. 



173 



Number and amount of withdrawals 399 $26,562 28 

Number of accounts opened the previous year . ' . . . 126 

Number of accounts closed the previous year .... 59 

Amount of expenses of the corporation during previous year . . 352 04 

Amount of treasurer's bonds . . 25,000 00 

Date of examination by commissioner: June 20. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s .... 

City bonds : — 
City of Bangor, Me. 

of Bath, Me 


$10,000 

1,000 
1,000 


$10,600 00 

1,050 00 
1,030 00 


$10,362 50 

938 17 
930 67 




$12,000 


$12,680 00 


$12,231 34 



Bank Stock. 



Salem Nat'l Bank, Salem 


$1,500 


$1,575 00 


$1,755 00 


Naumkeag Nat'l Bank, Salem 


1,900 


2,698 00 


2,830 00 


Mercantile Nat'l Bank, Salem 


1,400 


1,540 00 


1,610 00 


First Nat'l Bank, Salem . 


2,100 


2,388 75 


2,638 50 


Asiatic Nat'l Bank, Salem 


690 


897 00 


1,005 00 


Merchants' Nat'l Bank, Salem 


1,800 


2,232 00 


2,471 50 


Exchange Nat'l Bank, Salem . 


1,300 


1,430 00 


1,582 00 


Merchants' Nat'l Bank, Boston 


3,000 


4,170 00 


4,194 75 


Republic Nat'l Bank, Boston . 


2,500 


3,025 00 


3,263 75 


Second Nat'l Bank, Boston 


400 


571 00 


580 00 


Atlas Nat'l Bank, Boston 


1,000 


1,190 00 


1,175 00 


Commerce Nat'l Bank, Boston 


400 


451 00 


400 00 


Union Nat'l Bank, Boston 


2,400 


3,294 00 


3,360 00 


Globe Nat'l Bank, Boston 


2,500 


2,593 75 


2,500 00 


Revere Nat'l Bank, Boston 


800 


928 00 


800 00 




$23,690 


$28,983 50 


$30,165 50 



174 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LAWRENCE SAVINGS BANK .1 — LAWRENCE. 

Incorporated March 10, 18G8. Number of corporators, 81. 

Milton Bonney, President. Treasurer, William R. Spall i>g. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$397,052 50 


Public funds .... 


$29,550 00 


Earnings, undivided . 


22,027 42 


Bank stock .... 


70,050 00 


Guaranty fund . 


3,489 00 


Loans on bank stock 


1,500 00 






Railroad bonds 


5,000 00 






Real estate by foreclosure . 
Loans on real estate 


11,075 72 






230,804 72 






Loans on personal security . 


9,353 24 






Deposit in banks on interest . 


40,402 99 






Expense account . 


848 22 






Premium .... 


12,882 30 






Cash on hand .... 


0,181 73 




$423,708 98 


$423,708 98 



Loans on Bank Stock, amount on each: — 
On 13 shares Pemberton Bank . 



$1,500 00 




Cash on Deposit in Banks : — 
Maverick National Bank, Boston 
Pemberton National Bank, Lawrence 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for { 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest 

$15,545.54, 6 per cent; $5,000, 6£ per cent; $221,172.42, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 231 

Aggregate amount of the same 

Number of open accounts . . 1,728 

Number and amount of deposits received for previous year . 442 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 4 

Number of deposits of $1,000 and upwards .... 81 
Number and amount of deposits of $200 and less . . . 206 
Number and amount of deposits of $100 and less . . . 159 
Number and amount of deposits of $50 and less . . . 655 
Number and amount of deposits held by women . . . 530 
Number and amount of deposits held by guardians ... 3 



$40,462 99 


3,800 41 


$11,075 72 


6,225 00 


632 41 


102 09 


$25,973 56 


8,957 32 


8,405 60 



173,616 42 
99 
20 



35,032 
2,100 



29,172 

11,335 

9,486 

135,608 

806 



1 An order regulating the payments of deposits for one year, limiting them to an amount 
exceeding ten per cent each six months, was issued April 4, 1878, and extended April 3, 1879, 
pay twenty per cent of remainder of each six months. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



175 



Number and amount of deposits held in trust .... 74 $33,577 04 
Number and amount of deposits held by charitable associa- 
tions 5 



Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : Feb. 27. 



1,280 
. 94 
. 73 



3,627 42 
89,149 13 



1,600 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 

" " 6s, registered . 

City bonds : — 
City of Lawrence 6s 


127,550 
1,000 

1,000 


$28,273 13 
1,220 00 

1,100 00 


$27,550 00 
1,000 00 

1,000 00 




$29,550 


$30,593 13 


$29,550 00 



North America Nat'l Bank, Boston, 


$2,300 


$2,520 00 


$2,300 00 


Market Nat'l Bank, Boston . 


5,600 


5,614 00 


5,600 00 


Pemberton Nat'l Bank, Lawrence . 


4,000 


5,400 00 


4,000 00 


Traders' Nat'l Bank, Boston . 


2,100 


2,115 75 


2,100 00 


Howard Nat'l Bank, Boston . 


1,500 


1,695 00 


1,500 00 


Commerce Nat'l Bank, Boston 


2,700 


3,078 00 


2,700 00 


Webster Nat'l Bank, Boston . 


8,900 


9,345 00 


8,900 00 


Fourth Nat'l Bank, Boston 


2,500 


2,150 00 


2,500 00 


City Nat'l Bank, Boston 


1,000 


1,150 00 


1,000 00 


State Nat'l Bank, Boston 


5,400 


6,365 00 


5,400 00 


Eliot Nat'l Bank, Boston 


2,400 


2,574 00 


2,400 00 


Atlas Nat'l Bank, Boston 


2,000 


2,345 00 


2,000 00 


Hide and Leather Nat'l B'k, Boston, 


10,300 


11,458 75 


10,300 00 


Eleventh Ward Nat'l Bank, Boston, 


4,250 


850 00 


4,250 00 


Blackstone Nat'l Bank, Boston 


2,900 


2,965 25 


2,900 00 


Third Nat'l Bank, Boston ' . 


1,700 


1,445 00 


. 1,700 00 


First Ward Nat'l Bank, Boston 


1,600 


1,200 00 


1,600 00 


Central Nat'l Bank, Boston . 


5,500 


5,390 00 


5,500 00 


Tremont Nat'l Bank, Boston . 


4,000 


4,500 00 


4,000 00 


Merchants' Nat'l Bank, Boston 


2,000 


2,715 00 


2,000 00 


Commonwealth Nat'l Bank, Boston, 


2,700 


2,794 50 


2,700 00 


Lawrence Nat'l Bank, Lawrence 


700 


630 00 


700 00 




$76,050 


$78,300 25 


$76,050 00 



Railroad Bonds. 



Fitchburg Railroad 




$5,500 00 



$5,000 00 



170 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LEE SAVINGS BANK — LEE. 

Incorporated March 5, 1852. Number of corporators, 71. 
Harrison Garfield, President. Treasurer, John L. Kilbon. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$458,258 20 


Public; funds .... 


$66,000 00 


Earnings, undivided. 


9,185 52 • 


Bank stock 


57,! ISO 00 


Guaranty fund . 


6,000 00 


Loans on bank stock 


000 00 






Real estate by foreclosure . 


11,631 63 






Loans on real estate 


256,242 42 






Loans on personal security . 


28,080 38 






Loans to counties, cities, or 








towns 


20,000 00 






Expense account . 


629 16 






Cash in bank .... 


32,980 13 




$473,443 72 


$473,443 72 



Loans on Bank Stock, amount on each : — 
On 5 shares Lee National Bank . 
On 7 shares Lee National Bank . 



Cash on Deposit in Bank: — 
Lee National Bank 



Amount of real estate held by foreclosure 
Assessed value of the same .... 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for i 2-§- per cent 

previous year \1\ per cent 

Times for the dividends fixed by the by-laws: May 31 and Nov. 30. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$4,498.10, 6 per cent; $19,400, 6£ per cent; $281,324.70, 7 per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 263 

Aggregate amount of the same 

Amount of investments from which no income is received 
Number of open accounts 1,438 



$500 00 
400 00 

$32,980 13 

$11,631 63 

8,675 00 

300 00 

87 46 

$24,275 96 
10,738 18 
10,758 11 



196,620 78 
5,600 00 



Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards .... 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 



7S5 73,112 32 



71 


38,804 97 


159 




197 


27,035 22 


150 


9,365 16 


452 


9,537 34 



1880.] 



PUBLIC DOCUMENT — No. 8. 



177 



Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable assoeia 

tions . 

Number and amount of withdrawals '. 

Number of accounts opened, the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : July 9. 



672 $235,282 00 


19 


5,547 17 


46 


20,510 83 


6 


422 14 


794 


78,253 82 


212 




198 




. 


1,654 13 


. 


10,000 00 



Public Funds. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4£s .... 

City and town bonds : — 
City of Boston .... 
of Springfield .... 
Town of Sandisfield 


$40,000 

5,000 
10,000 
10,000 


$42,000 00 

5,000 00 
12,000 00 
10,000 00 


$40,000 00 

5,000 00 
10,000 00 
10,000 00 


i 


$65,000 


$69,000 00 


$65,000 00 



Bank Stock. 



Lee Nat'l Bank, Lee 


$17,080 


$19,520 00 


$17,080 00 


Adams Nat'l Bank, North Adams . 


6,400 


7,360 00 


6,400 00 


First Nat'l Bank, Adams 


2,600 


2,938 00 


2,600 00 


Pittsfield Nat'l Bank, Pittsfield . 


4,500 


6,210 00 


4,500 00 


Housatonic Nat'l Bank, Stockbridge, 


4,200 


6,300 00 


4,200 00 


Massachusetts Nat'l Bank, Boston . 


2,500 


2,700 00 


2,500 00 


Everett Nat'l Bank, Boston . 


1,000 


1,000 00 


1,000 00 


Continental Nat'l Bank, Boston 


1,800 


1,890 00 


1,800 00 


State Nat'l Bank, Boston 


1,000 


1,130 00 


1,000 00 


Eagle Nat'l Bank, Boston 


6,000 


6,300 00 


6,000 00 


Hide and Leather Nat'l B'k, Boston, 


2,900 


3,132 00 


2,900 00 


Revere Nat'l Bank, Boston 


2,200 


2,310 00 


2,200 00 


Commerce Nat'l Bank, Boston 


1,800 


1,980 00 


1,800 00 


North America Nat'l Bank, Boston, 


2,000 


1,900 00 


2,000 00 


Republic Nat'l Bank, Boston . 


1,000 


1,210 00 


1,000 00 


Commonwealth Nat'l Bank, Boston, 


1,000 


1,010 00 


1,000 00 




$57,980 


$66,890 00 


$57,980 00 



23 



178 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LEICESTER SAVINGS BANK — LEICESTER. 

Incorporated 1869. Number of corporators, 40. 
Lory S. Watson, President. Treasurer, D. E. Merriam. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$279,213 49 
6,631 07 
3,814 53 



$289,659 09 



Public funds . 

Loans on public funds 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns . 
Expense account . 
Premium account . 
Cash on hand . 



$83,000 00 

1,000 00 

49,849 12 

3,000 00 

3,0W 00 

500 00 

127,072 38 

11,900 00 

850 00 

6 50 

5,598 02 

3,853 07 



$289,659 09 



Loans on Public Funds, amount on each: — 
On $1,000 United States 4s . 



Loans on Bank Stock, amount on each : — 
On 30 shares Leicester National Bank 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : June and December. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4 per cent. 
The total amount of loans, with each specified rate of interest : 

$3,000, 5 per cent; $96,180.38, 6 per cent; $41,257, 7 per cent; 

$835, 7£ per cent; $2,550, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 114 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 



:l 



$1,000 00 



$3,000 00 

$500 00 

400 00 

6 24 

$14,331 73 

5,438 20 
5,376 05 



628 
271 

29 

113 

74 

59 

141 

288 



99,765 00 
500 00 

27,587 23 

13,841 87 

10,594 10 

4,035 32 

2,995 67 

117,241 40 



1880.] 



PUBLIC DOCUMENT — No. 8. 



179 



Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust 
Number and amount of deposits held by charitable associa- 
tions . . . . 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 
Number of accounts closed the previous year .... 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : June 18. 



8 
31 

1 

259 

73 

61 



$6,858 93 
17,811 99 

572 70 
37,093 93 



1,023 10 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^s . 
" . " 4s . 

City and town bonds : — 
City of Worcester 6s 

of Lynn 6s 

of Chelsea 6s . 

of Providence, R.I., 5s 

of FaU River 6s 

of Springfield 7s . . 
Town of Natick 7s . 




$12,000 
20,000 

12,000 
9,000 
8,000 

10,000 
1,000 
2,000 
9,000 


$12,720 00 
20,400 00 

13,440 00 
9,930 00 
8,960 00 

10,000 00 
1,080 00 
2,300 00 

10,260 00 


$12,000 00 
20,000 00 

12,000 00 
9,000 00 
8,000 00 

10,000 00 
1,000 00 
2,000 00 
9,000 00 






$83,000 


$89,090 00 


$83,000 00 



Bank Stock. 



Howard Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
North Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston, 
Commonwealth Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston . 
Leicester Nat'l Bank, Leicester 
Central Nat'l Bank, Worcester 
Millbury Nat'l Bank, Millbury 



$2,500 
5,000 
2,500 
3,000 
3,000 
1,000 
1,200 
1,000 
2,000 
1,500 
5,000 
1,000 
1,500 
8,700 
2,500 
1,100 



$42,500 



12,850 
5,887 
2,525 
3,210 
3,135 
1,022 
1,320 
1,850 
2,460 
1,500 
5,537 
1,010 
1,740 
9,570 00 
3,312 50 
1,265 00 



00 
50 
00 
00 
00 
50 
00 
00 
00 
00 
50 
00 
00 



,195 00 



$2,635 00 
5,397 50 
2,612 50 
3,610 00- 
3,162 50 
1,150 00 
1,346 00 
1,178 75 
2,425 00 
1,815 40 
5,954 40 
1,100 00 
1,925 00 

10,697 57 
3,525 00 
1,314 50 



,849 12 



Railroad Bonds. 







180 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LEOMINSTER SAVINGS BANK — LEOMINSTER. 

Incorporated 1865. Number of corporators, 35. 
Leonard Burbage, President. Treasurer, A. L. Burditt. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$549,833 10 

11,585 66 

4,500 00 



Public funds . 

Bank stock 

Loans on bank stock 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Expense account . 
Dividend account . 
Cash on hand . 



$565,918 76 



$14,931 25 

57,700 00 

7,370 00 

7,436 29 

345,150 66 

72,750 00 

16,000 00 

300 00 

12,864 13 

31,416 43 



$565,918 76 



Loans on Bank Stock, amount on each : — 
On 83 shares First National Bank, Leominster 

Cash on Deposit in Bank : — 
First National Bank, Leominster 



$7,370 00 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received .... 
Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2-J per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000, 4 per cent; $6,000, 5 per cent; $32,500, 6 per cent; 

$392,770.66, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 362 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 



\\ 



$30,000 00 


$7,436 29 


8,350 00 


399 30 


118 99 


$30,940 56 


12,628 87 


12,864 13 



. 


283,558 16 


709 




018 


85,996 03 


73 


44,676 12 


200 




203 


27,440 79 


186 


13,096 40 


558 


9,531 71 


800 


232,127 62 



1880.] 



PUBLIC DOCUMENT — No. 8. 



181 



Number and amount of deposits held by guardians ... 22 $8,854 88 
Number and amount of deposits held in trust .... 61 32,258 54 
Number and amount of deposits held by charitable associa- 
tions .'.-'. . . . 15 10,829 17 

Number and amount of withdrawals 963 81,453 41 

Number of accounts opened the previous year . . . 238 

Number of accounts closed the previous year .... 212 

Amount of expenses of the corporation during previous year . . 2,159 76 

Amount of treasurer's bonds 40,000 00 

Date of examination by commissioner : July 18. 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s 


. 


$15,000 


$15,300 00 


$14,931 25 




Bank Stock. 





First Nat'l Bank, Leominster . 
Safety Fund Nat'l Bank, Fitchburg, 
Webster Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 



$36,000 
8,000 
7,500 
6,200 



$57,700 



$37,800 00 
8,000 00 
7,875 00 
6,324 00 



$59,999 00 



$36,000 00 
8,000 00 
7,500 00 
6,200 00 



$57,700 00 






182 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LOWELL FIVE CENTS SAVINGS BANK i — LOWELL. 

Incorporated 1854. Number of corporators, 110. 

Horatio Wood, President. Treasurer, Artemas S. Tyler. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,293,422 35 


Public funds . 


$82,975 00 


Earnings, undivided . 


45,428 44 


Bank stock .... 


455,930 00 


Guaranty fund . 


17,404 77 


Loans on bank stock 


2,000 00 






Real estate .... 


89,996 86 






Real estate by foreclosure . 


329,740 00 






Loans on real estate 


1,034,300 00 






Loans on personal security . 


165,140 00 






Loans to counties, cities, or 








towns 


25,000 00 






Deposit in banks on interest, 


131,088 68 






Expense account . 


3,101 73 






Unsettled insurance, taxes . 


17,533 82 






Furniture and fixtures . 


9,036 48 






Loan on bank books 


10,337 00 






Casb on hand .... 


75 99 




$2,356,255 56 


$2,356,255 56 



Loans on Bank Stock, amount on each : — 
On 20 shares Prescott National Bank, Lowell $2,000 00 

Cash on Deposit in Banks : — 

Prescott National Bank, Lowell $100,252 21 

Appleton National Bank, Lowell 25,000 00 

Commonwealth National Bank, Boston 5,836 47 

Invested in real estate (for banking purposes) $89,996 86 

Estimated value of the same 50,000 00 

Amount of real estate held by foreclosure 329,740 00 

Assessed value of the same 235,600 00 

Amount of income received from the same 7,680 00 

Amount of municipal tax on real estate 670 00 

Whole amount of interest or profits received or earned . . . $112,285 18 
Rate and amount of each semi-annual dividend for previous year, 

2 per cent January 48,324 46 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4| per cent. 
The total amount of loans, with each specified rate of interest: 

$7,000, 5 per cent; $492,727, 6 per cent; $128,840, 6| per cent; 
),850, 7 per cent; $162,350, 7^ per cent; 142,000, 7^ per cent; 
73,750, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 74 

Aggregate amount of the same 118,140 00 

Amount of investments from which no income is received . . 203,500 00 

1 Temporarily enjoined by a decree of the Supreme Judicial Court June 20, 1879. 






1880.] 



PUBLIC DOCUMENT — No. 8. 



183 



Number of open accounts 9,896 

Number and amount of deposits received for previous year, 3,034 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 74 

Number of deposits of $1,000 and upwards .... 714 
Number and amount of deposits of $200 and less . . 1,020 
Number and amount -of deposits of $100 and less . . . 875 
Number and amount of deposits of $50 and less . . 4,570 
Number and amount of deposits held by women . . 4,375 
Number and amount of deposits held by guardians . . 9 
Number and amount of deposits held in trust . . 3,255 
Number and amount of deposits held by charitable associa- 
tions 35 

Number and amount of withdrawals .... 2,865 

Number of accounts opened the previous year . . . 667 
Number of accounts closed the previous year .... 898 

Amount of expenses of the corporation during previous year 
Amount of treasurer's bonds . ... . ... 

Date of examination by commissioner: May 19. 



$164,499 81 

36,546 80 

144,605 16 

61,672 84 

63,866 25 

1,007,679 75 

4,344 37 

484,660 27 

13,444 06 

350,685 38 



8,788 84 
30,000 00 



Public Funds. 





. Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds : — 
City of Cambridge .... 

of Charlestown 

of Lawrence .... 

of Lowell .... 
Town of Plymouth . . ... 


$15,000 

10,000 

20,000 

35,000 

5,000 


$16,462 50 

10,825 00 

20,775 00 

39,025 00 

5,337 50 


$15,000 00 

10,000 00 

20,000 00 

32,975 00 

5,000 00 




$85,000 


$92,425 00 


$82,975 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$20,000 


$23,800 00 


$22,800 00 


Atlantic Nat'l Bank, Boston . 


8,500 


11,857 50 


11,537 50 


Blackstone Nat'l Bank, Boston 


22,500 


23,118 75 


27,000 00 


Boylston Nat'l Bank, Boston . 


3,000 


3,172 50 


4,258 00 


Bunker Hill Nat'l Bank, Boston 


1,300 


2,187 25 


1,625 00 


Continental Nat'l Bank, Boston 


10,000 


10,200 00 


10,000 00 


Commonwealth Nat'l Bank, Boston, 


10,000 


10,200 00 


10,000 00 


Columbian Nat'l Bank, Boston 


15,000 


20,625 00 


19,050 00 


Eliot Nat'l Bank, Boston 


10,000 


10,500 00 


10,000 00 


Eagle Nat'l Bank, Boston 


15,000 


15,825 00 


17,100 00 


First Ward Nat'l Bank, Boston 


1,900 


1,425 00 


1,704 25 


Freeman's Nat'l Bank, Boston 


3,800 


3,990 00 


4,957 25 


Globe Nat'l Bank, Boston 


15,000 


15,487 50 


18,750 00 


Hide and Leather Nat'l B'k, Boston, 


20,000 


21,950 00 


20,000 00 


Howard Nat'l Bank, Boston . 


15,000 


17,025 00 


15,145 00 


Hamilton Nat'l Bank, Boston . 


10,000 


11,000 00 


12,600 00 


Market Nat'l Bank, Boston . 


5,000 


5,050 00 


5,000 00 



184 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock — Concluded. 








Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Mechanics' Nat'l Bank, Boston 


$2,700 


$2,970 75 


$3,240 00 


North Nat'l Bank, Boston 


12,000 


14,760 00 


14,040 00 


North America Nat'l Bank, Boston, 


13,000 


10,032 50 


13,910 00 


Redemption Nat'l Bank, Boston 


15,000 


18,000 00 


20,100 00 


Republic Nat'l Bank, Boston . 


15,000 


18,262 50 


15,000 00 


Revere Nat'l Bank, Boston 


15,000 


15,900 00 


15,000 00 


Shawmut Nat'l Bank, Boston . 


20,000 


22,200 00 


24,600 00 


Shoe and Leather Nat'l B'k, Boston, 


5,000 


5,275 00 


6,900 00 


Suffolk Nat'l Bank, Boston . 


13,100 


14,868 50 


16,367 50 


State Nat'l Bank, Boston 


5,000 


5,725 00 


5,230 00 


Second Nat'l Bank, Boston 


10,000 


13,775 00 


14,700 00 


Tremont Nat'l Bank. Boston . 


10,000 


11,600 00 


12,225 00 


Union Nat'l Bank, Boston 


10,000 


13,075 00 


14,700 00 


Washington Nat'l Bank, Boston 


3,300 


4,207 50 


4,569 00 


Webster Nat'l Bank, Boston . 


5,000 


5,225 00 


5,000 00 


Old Lowell Nat'l Bank, LoweU 


8,300 


9,711 00 


10,970 50 


Railroad Nat'l Bank, Lowell . 


15,000 


16,237 00 


16,200 00 


Prescott Nat'l Bank, Lowell . 


13,500 


16,875 00 


16,806 00 


Merchants' Nat'l Bank, Lowell 


3,500 


3,850 00 


3,540 00 


First Nat'l Bank, Lowell 


8,500 


11,475 00 


11,305 00 




$388,900 


$441,444 25 


$455,930 00 






— 



1880.] 



PUBLIC DOCUMENT — No. 8. 



185 



LOWELL INSTITUTION FOR SAVINGS— LOWELL. 

Incorporated 1829. Number of corporators, 64. 

Theodore Edson, President. Treasurer, George J. Carney. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$2,703,516 09 
28,451 59 
36,692 21 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Real estate .... 

Loans on real estate 

Loans to counties, cities, or 

towns 

Deposit in banks on interest, 


$615,000 00 

337,400 00 

4,500 00 

20,334 06 

482,950 00 

1,207,500 00 
100,975 83 




$2,768,659 89 


$2,768,659 89 



Loans on Bank Stock, amount on each : — 
On 50 shares Prescott National Bank of Lowell 



$4,500 00 



Cash on Deposit in Banks : — 

First National Bank of Lowell . $97,975 83 

Prescott National Bank of Lowell 3,000 00 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 
Bate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: first Saturday of 

May and November 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : Ij-^-q per cent. 
The total amount of loans, with each specified rate of interest: 

$150,000, 44- per cent; $139,300, 5 per cent; $79,500, 5i per cent; 

$1,178,700, 6 per cent; $2,000, 6£ per cent; $200,000, 6i per cent; 

$229,000, 6 T 6 o per cent; $331,450, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 41 

Aggregate amount of the same . 

Number of open accounts 7,087 

Number and amount of deposits received for previous year, 15,550 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 454 



$20,334 06 

20,334 06 

415 40 

$162,008 00 
( 48,348 18 
j 49,709 77 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 

24 



. 28 
. 395 
. 713 
1,181 
4,035 



67,200 00 

559,261 24 

240,674 00 

63,558 00 

61,254 00 

28,170 00 

1,462,316 00 



186 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : June 2. 



20 
1,150 


$9,472 00 
409,547 00 


24 

4,610 

1,473 

734 


9,519 07 
420,928 61 



5,460 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 

« 5s, 1881 . 

" " 4is, 1891 . 


$375,000 

90,000 

150,000 


$395,056 25 

92,025 00 

159,000 00 


$375,000 00 

90,000 00 

150,000 00 




$615,000 


$646,081 25 


$615,000 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$15,000 


$16,950 00 


$15,000 00 


Boylston Nat'l Bank, Boston . 


17,500 


18,550 00 


17,500 00 


Columbian Nat'l Bank, Boston 


17,900 


25,060 00 


17,900 00 


Eagle Nat'l Bank, Boston 


45,000 


48,150 00 


45,000 00 


Freeman's Nat'l Bank, Boston 


3,600 


3,672 00 


3,600 00 


Hamilton Nat'l Bank, Boston . 


55,000 


60,500 00 


55,000 00 


Merchants' Nat'l Bank, Boston 


34,100 


44,989 00 


34,100 00 


Mount Vernon Nat'l Bank, Boston . 


500 


460 00 


500 00 


New England Nat'l Bank, Boston . 


16,100 


21,574 00 


16,100 00 


Republic Nat'l Bank, Boston . 


24,500 


29,400 00 


24,500 00 


Second Nat'l Bank, Boston 


47,300 


65,274 00 


47,300 00 


Tremont Nat'l Bank, Boston . 


15,200 


16,872 00 


15,200 00 


Union Nat'l Bank, Boston 


500 


665 00 


500 00 


Washington Nat'l Bank, Boston 


3,200 


4,096 00 


3,200 00 


First Nat'l Bank, Lowell 


16,000 


28,860 00 


16,000 00 


Railroad Nat'l Bank, Lowell . 


26,000 


21,600 00 


26,000 00 




$337,400 


$406,672 00 


$337,400 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



187 



LYNN FIVE CENTS SAVINGS BANK — LYNN. 

Incorporated 1854. Number of corporators, 60. 

Henry A. Pevear, President. Treasurer, B. V. French. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,331,369 77 


Public funds .... 


$179,928 70 


Earnings, undivided . 


56,312 91 


Bank stock .... 


365,626 97 


Guaranty fund . 


11,900 00 


Loans on bank stock 


1,000 00 






Railroad bonds 


9,983 65 






Real estate .... 


49,029 99 






Real estate by foreclosure . 


29,650 00 






Loans on real estate 


584,605 54 






Loans on personal security . 


7,600 00 






Loans to counties, cities, or 








towns 


98,500 00 






Deposit in banks on interest, 


68,044 06 






Expense account . 


938 85 






Tax titles .... 


480 73 






Casb on hand .... 


4,194 19 




$1,399,582 68 


$1,399,582 68 



Loans on Bank Stock, amount on each : — 
On 4 shares Central National Bank, Lynn 
On 10 shares City National Bank, Lynn . 

Cash on Deposit in Banks : — 
City National Bank of Lynn 
Maverick National Bank, Boston 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . . . $83,990 69 
Rate and amount of each semi-annual dividend for ) 2 per cent . ( 25,555 63 

previous year ) 2 per cent . ( 25,057 09 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 
$20,000, 3£ per cent; $45,000, 4 per cent; $17,200, 5 per cent 
$1,200, 5£ per cent; $137,125, 6 per cent; $68,200, 6£ per cent 
$244,670, 7 per cent; $76,750, 7 T % per cent; $74,120, 7| per cent; 
$7,440, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each* .316 

Aggregate amount of the same 321,064 00 

Number of open accounts 7,745 

Number and amount of deposits received for previous year, 6,474 260,067 14 



$300 00 
700 00 



$63,044 06 
5,000 00 

$49,029 99 

40,000 00 

29,650 00 

33,550 00 

1,668 00 

954 99 



188 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 161 

Number of deposits of $1,000 and upwards .... 371 
Number and amount of deposits of $200 and less . . . 696 
Number and amount of deposits of $100 and less . . . 707 
Number and amount of deposits of $50 and less . . 3,467 
Number and amount of deposits held by women . . 3,794 
Number and amount of deposits held by guardians ... 17 
Number and amount of deposits held in trust .... 158 
Number and amount of deposits held by charitable associa- 
tions 16 

Number and amount of withdrawals 4,963 

Number of accounts opened the previous year . . . 1,300 
Number of accounts closed the previous year .... 960 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : May 28. 



$72,740 00 


98,717 00 


51,911 00 


35,878 00 


694,596 00 


6,970 00 


45,060 00 


7,539 00 


309,823 79 


5,052 58 


20,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 4s ... . 


$20,000 


$20,425 00 


$19,913 89 


u a 4.1c 

•±2° .... 


50,000 


52,875 00 


52,040 17 


" " 6s, currency 


50,000 


61,750 00 


43,127 04 


State of Maine 6s . 


7,000 


8,015 00 


7,000 00 


City and town bonds : — 








Town of Plymouth .... 


26,000 


28,340 00 


26,587 60 


of Brookline . 




10,000 


12,500 00 


10,000 00 


City of Chelsea 




2,000 


2,200 00 


2,000 00 


of Lynn . 




5,000 


5,350 00 


5,000 00 


of Providence, R.I. . 




3,000 


3,075 00 


3,187 50 


of Cambridge . 




1,000 


1,060 00 


1,072 50 


of Somerville . 




10,000 


10,300 00 


10,000 00 






$184,000 


$205,890 00 


$179,928 70 



Bank Stock. 



City Nat'l Bank, Lynn . 


$32,800 


$49,200 00 


$47,122 50 


Central Nat'l Bank, Lynn 


8,700 


11,310 00 


11,071 97 


First Nat'l Bank, Lynn . 


3,400 


3,740 00 


3,980 00 


North Nat'l Bank, Boston 


3,000 


3,750 00 


4,150 25 


Exchange Nat'l Bank, Boston 


47,000 


64,860 00 


72,440 37 


First Nat'l Bank, Boston 


23,500 


42,300 00 


41,576 75 


Globe Nat'l Bank, Boston 


8,800 


9,064 00 


11,500 00 


Redemption Nat'l Bank, Boston 


25,300 


30,360 00 


34,000 00 


Hide and Leather Nat'l B'k, Boston, 


700 


* 777 00 


682 50 


Revere Nat'l Bank, Boston 


6,900 


7,314 00 


7,031 63 


Freeman's Nat'l Bank, Boston 


2,500 


2,625 00 


2,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



189 



Bank Stock — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Shoe and Leather Nat'l B'k, Boston, 


$1,500 


$1,575 00 


$1,500 00 


Continental Nat'l Bank, Boston 


15,400 


15,708 00 


21,816 50 


Traders' Nat'l Bank, Boston . 


13,000 


13,130 00 


13,649 00 


Boylston Nat'l Bank, Boston . 


1,400 


1,470 00 


1,900 00 


Columbian Nat'l Bank, Boston 


1,700 


2,329 00 


2,450 00 


Union Nat'l Bank, Boston 


12,700 


16,510 00 


18,000 00 


Blackstone Nat'l Bank, Boston 


5,600 


5,768 00 


7,512 50 


Merchants' Nat'l Bank, Boston 


13,000 


17,550 00 


19,325 00 


Republic Nat'l Bank, Boston . 


3,000 


3,630 00 


4,000 00 


Tremont Nat'l Bank, Boston . 


12,700 


14,732 00 


17,000 00 


Commonwealth Nat'l Bank, Boston, 


5,000 


5,100 00 


5,000 00 


Merchandise Nat'l Bank, Boston . 


5,000 


4,800 00 


5,000 00 


North America Nat'l Bank, Boston, 


2,600 


2,600 00 


2,418 00 


Georgetown Nat'l Bank, Georget'n, 


10,000 


9,500 00 


10,000 00 




$265,200 


$339,702 00 


$365,626 97 



Railroad Bonds. 



Eastern Railroad certificates of in- 
debtedness ... 




1,983 65 



190 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LYNN INSTITUTION FOR SAVINGS — LYNN. 

Incorporated 1826. Number of corporators, 61. 

Philip A. Chase, President. Treasurer, D. H. Sweetser. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,645,729 78 


Public funds .... 


$392,100 00 


Earnings, undivided, 


64,432 99 


Loans on public funds . 


2,000 00 


Guaranty fund . 


29,000 00 


Bank stock .... 


236,781 00 






Loans on bank stock 


10,350 00 






Railroad bonds 


19,700 00 






Real estate .... 


50,000 00 






Real estate bv foreclosure . 


2,881 43 






Loans on real estate 


801,187 00 






Loans on personal security . 


10,150 00 






Loans to counties, cities, or 








towns 


93,528 00 






Deposit in banks on interest . 


102,816 97 






Tax titles .... 


667 67 






Cash on hand .... 


17,000 70 




$1,739,162 77 


$1,739,162 77 



Loans on Public Funds, amount on each 
On $2,000 United States bonds . 



Loans on Bank Stock, amount on each : — 
On 80 shares National City Bank of Lynn 
On 10 shares First National Bank of Lynn 
On 6 shares First National Bank of Lynn 
On 12 shares First National Bank of Lynn 
On 6 shares First National Bank, Lynn . 
On 6 shares National Bank of Brighton . 

Cash on Deposit in Banks : — 
First National Bank, Lynn 
Maverick National Bank, Boston 

Invested in real estate (for hanking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 
previous year '2 per cent 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 

The total amount of loans, with each specified rate of interest 
$35,000, 3£ per cent; $2,000, 3| per cent; $4,500, 4 per cent 
$24,500, 5 per cent; $10,000, 5£ per cent; $252,103, 6 per cent 
$143,530, 6£ percent; $418,470, 7 per cent; $11,800, 7 T 8 ¥ per cent; 
$10,950, 7£ per cent; $5,362, 8 per cent. 



$2,000 00 

$7,450 00 
1,000 00 
500 00 
400 00 
600 00 
400 00 

$72,816 97 
30,000 00 

$50,000 00 

50,000 00 

2,881 43 

3,000 00 

120 00 

526 50 



$100,067 
j 29,841 
I 30,174 



48 
53 
64 






1880.] 



PUBLIC DOCUMENT — No. 8. 



191 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each 260 

Aggregate amount of the same $348,707 00 

Number of open accounts 5,171 

Number and amount of deposits received for previous year, 3,889 276,477 00 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year . . . . . . 203 101,618 00 

Number of deposits of $1,000 and upwards .... 524 

Number and amount of deposits of $200 and less . . . 753 104,468 00 
Number and amount of deposits of $100 and less . • . . 545 47,228 00 
Number and amount of deposits of $50 and less . . 1,591 29,816 00 
Number and amount of deposits held by women . . 2,741 827,537 00 
Number and amount of deposits held by guardians ... 39 18,913 00 
Number and amount of deposits held in trust .... 275 123,613 00 

Number and amount of deposits held by charitable associa- 
tions 39 23,644 00 

Number and amount of withdrawals 3,548 300,122 79 

Number of accounts opened the previous year .... 812 
Number of accounts closed the previous year .... 616 
Amount of expenses of the corporation during previous year . . 5,060 00 

Amount of treasurer's bonds 50,000 00 

Date of examination by commissioner : May 29. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$10,000 


$10,550 00 


$10,500 00 


" " 6s, " 




5,000 


5,275 00 


5,250 00 


" " 5s, " 




40,000 


40,900 00 


41,100 00 


u u 4.1 Q u 




115,000 


121,900 00 


120,750 00 


" " 4s, " 




40,000 


40,800 00 


40,000 00 


City and town bonds : — 








City of Cambridge .... 


10,000 


11,200 00 


10,000 00 


of Lynn . 




46,000 


48,300 00 


46,000 00 


of Lowell 




10,000 


11,000 00 


10,000 00 


of Somerville . 




25,500 


27,030 00 


25,500 00 


of Boston 




10,000 


12,000 00 


10,000 00 


of Boston 




5,000 


5,100 00 


5,000 00 


of Fall River . 




25,000 


26,000 00 


25,000 00 


Town of Natick 




4,000 


4,200 00 


4,000 00 


of Saugus 




10,000 


10,100 00 


10,000 00 


City of Fall River . 




4,000 


4,000 00 


4,000 00 


of Manchester, N.H. 




3,000 


3,000 00 


3,000 00 


of Lynn . 




2,000 


2,100 00 


2,000 00 


of Boston 




20,000 


20,000 00 


20,000 00 




$384,500 


$403,455 00 


$392,100 00 


Bank Stock. 


Atlantic Nat'l Bank, Boston . 


$5,300 


$7,102 00 


$6,890 00 


Rockland Nat'l Bank, Boston . 


10,000 


13,000 00 


16,000 00 



192 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Exchange Nat'l Bank, Boston 


$5,500 


$7,150 00 


$6,270 00 


Shoe and Leather Nat'l B'k, Boston, 


6,000 


6,360 00 


7,440 00 


New England, Nat'l Bank, Boston . 


5,900 


7,906 00 


5,900 00 


Columbian Nat'l Bank, Boston 


8,900 


11,926 00 


10,057 00 


Market Nat'l Bank, Boston . 


2,500 


2,550 00 


2,825 00 


Shawmut Nat'l Bank, Boston . 


2,000 


2,260 00 


2,000 00 


Freeman's Nat'l Bank, Boston 


1,300 


1,365 00 


1,300 00 


Traders' Nat'l Bank, Boston . 


5,000 


5,000 00 


5,400 00 


Second Nat'l Bank, Boston 


5,500 


7,700 00 


8,250 00 


Continental Nat'l Bank, Boston 


3,500 


3,500 00 


4,200 00 


Everett Nat'l Bank, Boston . 


5,400 


5,508 00 


6,372 00 


Republic Nat'l Bank, Boston . 


10,000 


12,220 00 


12,800 00 


Union Nat'l Bank, Boston 


7,300 


9,490 00 


11,680 00 


Blackstone Nat'l Bank, Boston 


5,500 


5,500 00 


7,425 00 


First Nat'l Bank, Boston 


2,500 


4,625 00 


4,950 00 


Merchandise Nat'l Bank, Boston . 


2,500 


2,400 00 


2,500 00 


North America Nat'l Bank, Boston, 


3,400 


3,638 00 


3,740 00 


First Nat'l Bank, Lynn . 


40,000 


44,000 00 


43,800 00 


Central Nat'l Bank, Lynn 


30,100 


37,625 00 


38,227 00 


City Nat'l Bank, Lynn . 


21,300 


30,885 00 


28,755 00 




$189,400 


$231,710 00 


$236,781 00 



Railroad Bonds. 



Eastern Railroad certificates . 




$17,535 00 



$19,700 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



198 



MALDEN SAVINGS BANK — MALDEN. 

Incorporated March 30, 1860. Number of corporators, 26. 
Caleb Waitb, President. Treasurer, Charles Merrill. 

Statement. 



Liabilities. 


Assets. 

4 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Due First National 
Bank, Maiden 


$335,022 01 
3,986 51 
3,200 00 

5,000 00 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Expense account . 
Premiums .... 
Cash in bank .... 


$85,500 00 

38,500 00 

2,800 00 

183,344 00 

18,700 00 

688 93 

13,821 75 

3,853 84 




$347,208 52 


$347,208 52 



Cash on Deposit in Bank: — 
First National Bank of Maiden 



Amount of real estate held by foreclosure 
Assessed value of the same . . 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for ) 2-£ per cent 
previous year . . . . . . . . > 2£ per cent 

Times for the dividends fixed by the by-laws : second Tuesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 T 8 ^ per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000, 6 per cent ; $192,044, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .87 

Aggregate amount of the same . . . . . 
Amount of investments from which no income is received 

Number of open accounts 1,601 

Number and amount of deposits received for previous year 1,666 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 70 

86 
205 
190 
717 
840 
9 
102 



$3,853 84 

$2,800 00 

4,200 00 

33 70 

35 70 

$18,880 26 
6,936 03 
7,374 34 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 14 

25 



157,144 00 
1,800 00 

121,782 58 

35,353 14 

28,361 31 
13,216 38 
12,336 90 
162,987 19 
2,922 93 
26,499 49 

5,465 00 



194 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 1,206 
Number of accounts opened the previous year .... 288 
Number of accounts closed the previous year .... 211 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: May 22. 



$73,918 77 



1,200 00 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4£s 



6s, currency 



City and town bonds: 
Town of Brookline 7s 
City of Newton 5s . 
of Fall River 6s 
of Bath, Me., 6s 
of Bangor, Me., 6s 
Town of Woburn 6s 
City of Fitchburg 6s 



$31,500 
10,000 



10,000 
8,000 
5,000 
5,000 
5,000 

10,000 
1,000 



$85,500 



$33,390 00 
12,300 00 



12,612 50 
8,480 00 
5,350 00 
5,100 00 
5,500 00 

11,500 00 
1,100 00 



$95,332 50 



$32,964 68 
10,000 00 



12,612 50 
8,120 00 
5,375 00 
5,225 00 
5,325 00 

10,950 00 
1,095 00 



$91,667 18 



Bank Stock. 



First Nat'l Bank, Maiden 


$7,600 


$8,360 00 


$7,600 00 


Atlas Nat'l Bank, Boston 


500 


557 00 


530 00 


Commerce Nat'l Bank, Boston 


1,300 


1,495 00 


1,381 25 


Continental Nat'l Bank, Boston 


2,000 


2,000 00 


1,807 50 


Eagle Nat'l Bank, Boston 


800 


848 00 


846 00 


Exchange Nat'l Bank, Boston 


2,900 


4,060 00 


4,053 50 


First Nat'l Bank, Boston 


1,500 


2,775 00 


2,745 00 


Globe Nat'l Bank, Boston 


* 2,000 


2,045 00 


2,045 00 


Hamilton Nat'l Bank, Boston . 


1,000 


1,116 00 


1,100 00 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,240 00 


2,000 00 


Howard Nat'l Bank, Boston . 


1,100 


1,276 00 


1,100 00 


Market Nat'l Bank, Boston . 


1,000 


1,030 00 


1,000 00 


Massachusetts Nat'l Bank, Boston . 


1,000 


1,150 00 


1,080 00 


Merchants' Nat'l Bank, Boston 


3,000 


4,050 00 


3,834 75 


North Nat'l Bank, Boston 


600 


750 00 


738 00 


North America Nat'l Bank, Boston, 


1,200 


1,320 00 


1,130 50 


Old Boston Nat'l Bank, Boston 


500 


650 00 


642 50 


Revere Nat'l Bank, Boston 


700 


819 00 


707 87 


Security Nat'l Bank, Boston 




2,500 


4,625 00 


4,543 75 


Shawmut Nat'l Bank, Boston 




1,100 


1,210 00 


1,109 62 


Suffolk Nat'l Bank, Boston 




• 1,000 


1,170 00 


1,127 50 


State Nat'l Bank, Boston 




1,700 


1,955 00 


1,946 50 


Traders' Nat'l Bank, Boston 




500 


500 00 


475 00 


Tremont Nat'l Bank, Boston 




1,000 


1,150 00 


1,015 00 






$38,500 


$47,151 00 


$44,559 24 



1880.] 



PUBLIC DOCUMENT — No. 8. 



195 



MARBLEHEAD SAVINGS BANK — MARBLEHEAD. 

Incorporated 1871. Number of corporators, 30. 
Isaac C. Wyman, President. Treasurer, William Gillet. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$165,271 39 
4,544 48 
1,374 37 


Public funds .... 

Bank stock .... 

Railroad bonds 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in banks on interest . 

Expense account . 

Cash on hand .... 


$9,175 76 

53,573 96 

13,737 51 

36,320 33 

47,650 00 

3,000 00 

6,908 27 

805 53 

18 88 




$171,190 24 


$171,190 24 



Cash on Deposit in Bank: — 
Marblehead National Bank . 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for previous year, 

2 per cent (one dividend) 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
The total amount of loans, with each specified rate of interest: 

$3,000, 6 per cent; $2,200, 6£ per cent; $32,350, 7 per cent; 

$4,500, 7 T 3 ¥ per cent; $2,600, 7£ per cent; $6,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 32 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals 



910 
537 

22 

41 

97 

72 

528 

260 

1 

16 



$6,908 27 

$36,320 33 

28,400 00 

2,460 00 

400 37 

$7,414 76 

3,398 66 



22 
509 



25,950 00 
26,073 00 
10,330 00 

13,790 49 
5,654 73 
7,371 57 

69,060 01 

561 94 

5,285 15 

8,134 26 
40,959 32 



196 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year . . . .95 
Number of accounts closed the previous year .... 132 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: June 19. 



$627 39 
10,000 00 



Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bond 

City and town bonds: — 
City of Charlestown 
Town of Arlington .... 


$1,000 

3,000 
5,000 


$1,030 00 

3,480 00 
5,500 00 


$903 76 

3,047 00 
5,225 00 




$9,000 


$10,010 00 


$9,175 76 



Bank Stock. 



Grand Nat'l Bank, Marblehead 


$3,800 


$4,104 00 


$4,639 15 


Marblehead Natl Bank, Marblehead, 


1,200 


1,296 00 


1,344 00 


Boylston Nat'l Bank, Boston . 


3,100 


3,286 00 


3,839 50 


Continental Nat'l Bank, Boston 


2,500 


2,575 00 


2,687 50 


Hamilton Nat'l Bank, Boston 


500 


580 00 


591 25 


Shoe and Leather Nat'l B'k, Boston, 


100 


106 00 


121 25 


Merchants' Nat'lBank, Boston 


2,500 


3,475 00 


3,331 25 


Mount Vernon Nat'l Bank, Boston, 


2,000 


1,900 00 


2,505 20 


North Nat'l Bank, Boston 


2,500 


3,075 00 


3,056 25 


Shawmut Nat'l Bank, Boston 


2,500 


2,775 00 


3,084 37 


State Nat'l Bank, Boston 


5,600 


6,608 00 


6,048 45 


Blackstone Nat'l Bank, Boston 


3,000 


3,090 00 


3,485 00 


Merchandise Nat'l Bank, Boston . 


1,300 


1,235 00 


1,297 67 


Market Nat'l Bank, Boston . 


900 


909 00 


999 00 


Hide and Leather Nat'l B'k, Boston, 


3,200 


3,584 00 


3,744 00 


Revere Nat'l Bank, Boston 


400 


464 00 


442 75 


North America Nat'l Bank, Boston, 


2,500 


2,750 00 


2,778 12 


Redemption Nat'l Bank, Boston 


2,900 


3,480 00 


4,067 25 


Republic Nat'l Bank, Boston . 


2,400 


2,904 00 


3.072 00 


Commerce Nat'l Bank, Boston 


1,900 


2,185 00 


2,440 00 




$44,800 


$50,381 00 


$53,573 96 



Railroad Bonds. 



Eastern Railroad 




$13,400 00 



$13,737 51 



1880.] 



PUBLIC DOCUMENT — No. 8. 



197 



MARLBOROUGH SAYINGS BANK— MARLBOROUGH. 

Incorporated April 3, 1860. Number of corporators, 94. 
Elbridge Howe, President. Treasurer, Edward R. Alley. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$590,549 43 

13,497 19 

7,310 34 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . 


$111,404 50 

90,475 00 

10,300 00 

348,724 50 

870 00 

48,508 63 

1,074 33 




$611,356 96 


$611,356 96 



Cash on Deposit in Banks : — 
People's National Bank, Marlborough 
First National Bank, Marlborough 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2| per cent 

the previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4£ per cent. 
The total amount of loans, with each specified rate of interest: 

$24,000, 4 per cent; $2,450, 6 per cent; $323,144.50, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . . . . . .230 

Aggregate amount of the same . . . 

Amount of investments from which no income is received 

Number of open accounts 2,046 

Number and amount of deposits received for previous year, 1,190 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 82 

Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals 



$23,873 51 
24,635 12 

$10,300 00 

14,800 00 

264 00 

235 00 

$36,435 60 
13,834 44 
10,906 68 



232,744 50 
1,500 00 

99,889 00 

41,827 00 



124 




256 


34,624 08 


189 


12,702 13 


614 


11,466 29 


870 


217,495 25 


13 


4,659 20 


44 


10,092 10 


887 


107,762 95 



198 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year .... 329 
Number of accounts closed the previous year .... 263 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : July 16. 



81,512 81 
10,000 00 



Public Funds. 







Estimated 




• 


Par Value: 


Market Value. 


Amount Invested. 


United States 4£s .... 


$600 


$635 00 


$627 00 


11 " 4s 


1,100 


1,122 00 


1,100 00 


City and town bonds : — 








City of Boston .... 


21,000 


23,165 00 


23,165 00 


of Fall River . 






15,000 


16,350 00 


15,450 00 


of Lowell 






12,000 


13,380 00 


11,920 00 


of Lynn . 






7,000 


8,025 00 


8,025 00 


of Lewiston, Me. 






7,000 


7,350 00 


7,350 00 


of Cambridge . 






6,000 


6,930 00 


6,930 00 


of Portsmouth, N.H. 






3,000 


3,056 25 


3,056 25 


of Bangor, Me. 






2,500 


2,781 25 


2,781 25 


Town of Marlborough 






20,000 


20,300 00 


20,300 00 


of Paw tucket 


10,000 


10,700 00 


10,700 00 








$105,200 


$113,794 50 


$111,404 50 



Bank Stock. 



Continental Nat'l Bank, Boston 


$6,800 


$6,936 00 


$6,800 00 


Market Nat'l Bank, Boston . 


4,000 


4,040 00 


4,000 00 


Howard Nat'l Bank, Boston . 


2,000 


2,270 00 


2,000 00 


Commerce Nat'l Bank, Boston 


1,500 


>,653 00 


2,000 00 


Manufacturers' Nat'l Bank, Boston, 


1,500 


1,354 00 


1,500 00 


Globe Nat'l Bank, Boston 


5,000 


5,162 00 


5,250 00 


City Nat'l Bank, Boston 


4,000 


4,600 00 


4,200 00 


North America Nat'l Bank, Boston, 


3,000 


3,000 00 


3,150 00 


State Nat'l Bank, Boston 


3,000 


3,443 00 


3,150 00 


Eliot Nat'l Bank, Boston 


1,600 


1,680 00 


1,680 00 


Atlas Nat'l Bank, Boston 


1,500 


1,785 00 


1.575 00 


Eagle Nat'l Bank, Boston 


1,500 


1,582 00 


1,575 00 


Boston Nat'l Bank, Boston 


1,000 


1,025 00 


1,050 00 


Revere Nat'l Bank, Boston 


700 


742 00 


735 00 


First Nat'l Bank, Lynn . 


3,000 


3,300 00 


3,150 00 


People's Nat'l Bank, Marlborough . 


5,300 


5,300 00 


5,100 00 


First Nat'l Bank, Marlborough 


36,300 


43,560 00 


43,560 00 




$81,700 


$91,432 00 


$90,475 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



199 



MECHANICS' SAYINGS BANK — HOLYOKE. 

Incorporated 1872. Number of corporators, 43. 

James H. Newton, President. Treasurer, Charles B. Prescott. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$334,756 24 
4,519 89 
2,100 00 


Public funds .... 
Bank stock .... 
Loans on real estate 
Loans on personal security . 
Expense account . 
Premium account . 
Furniture and fixtures . 
Cash on band .... 


$10,000 00 

39,208 50 

218,656 00 

32,664 00 

1,870 87 

593 75 

2,130 00 

36,253 01 




$341,376 13 


$341,376 13 



Cash on Deposit in Banks : — 

City National Bank of Holyoke $25,843 95 

Hadley Falls National Bank 1,151 78 



Whole amount of interest or profits received or earned . 

Bate and amount of , each semi-annual dividend for ) 2-J per cent . ( 
previous year . . ) 2£ per cent . ( 

Times for the dividends fixed by the by-laws : May and November. 

The total amount of loans, with each specified rate of interest: 
$251,320, 6£ per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 115 

Aggregate amount of the same . . . * 

Number of open accounts 1,167 

Number and amount of deposits received, for previous year, 1,414 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less . 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa- 
tions . . ' . . . ... 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Assistant treasurer ........ 

Date of examination by commissioner: Aug. 1. 



$18,188 33 
6,454 48 
7,117 23 



113 
135 
148 
131 
334 
439 
18 
13 



761 
353 

208 



128,924 00 

126,560 14 

68,377 00 



20,279 19 

8,958 81 

5,248 80 

118,108 20 

12,523 83 
8,318 71 

1,632 89 
75,710 16 



1,500 00 
25,000 00 
10,000 00 



200 BANK COMMISSIONERS' REPORT. [Jan. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$10,000 


$10,593 75 


$10,593 75 


Bank Stock. 



Shoe and Leather Nat'l B'k, Boston, 
First Nat'l Bank, Springrield . 
Third Nat'l Bank, Springfield 
Hadley Falls Nat'l Bank, Holyoke . 
City Nat'l Bank, Holyoke 



$2,200 
2,000 
5,000 
4,500 

17,500 



$31,200 



$2,530 00 
3,000 00 
8,250 00 
7,200 00 

18,375 00 



$39,355 00 



$3,008 50 
3,080 00 
8,500 00 
7,120 00 

17,500 00 



$39,208 50 



1880.] 



PUBLIC DOCUMENT — No. 8. 



201 



MECHANICS' SAVINGS BANK — LOWELL. 

Incorporated March 1, 1861. Number of corporators, 76. 
William A. Burke, President. Treasurer, Charles C. Hutchinson. 

Statement. 



• 

Liabilities. 


Assets. 


Deposits 


$1,372,418 75 


Public funds .... 


$121,000 00 


Earnings, undivided . 


40,549 14 


Bank stock .... 


175,450 00 


Guaranty fund . 


17,000 00 


Loans on bank stock 


16,100 00 






Railroad bonds 


80,000 00 




X 


Real estate .... 


92,175 06 






Real estate by foreclosure . 


143,952 07 






Loans on real estate 


692,984 00 






Loans on personal security . 


94,700 00 






Deposit in banks on interest . 


3,650 64 






Premium account . 


3,595 44 






Cash on hand .... 


6,360 68 




$1,429,967 89 


$1,429,967 89 



Loans on Bank Stock, amount on each : — 
On 8 shares Merchants' National Bank, Lowell .... $300 00 
On 20 shares Railroad National Bank, Lowell, and 20 shares Met- 
ropolitan National Bank, Boston 4,000 00 

On 30 shares Railroad National Bank, Lowell, and 10 shares Pres- 

cott National Bank, Lowell . . 2,800 00 

On 20 shares Railroad National Bank, Lowell 2,000 00 

On 70 shares Commonwealth National Bank, Boston . . . 7,000 00 

Cash on Deposit in Bank: — 
Railroad National Bank, Lowell $3,650 64 

Invested in real estate (for banking purposes) $92,175 06 

Estimated value of the same . 85,000 00 

Amount of real estate held by foreclosure 143,952 07 

Assessed value of the same 94,800 00 

Amount of income received from the same 5,091 40 

Amount of municipal tax on real estate . . . . . . 907 18 

Whole amount of interest or profits received . . . . . $98,193 89 
Rate and amount of each semi-annual dividend for previous year, 

2 per cent (one dividend) 35,796 92 

Times for the dividends fixed by the by-laws: first Saturday of 

June and December. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 T y 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$27,000, 4 per cent; $39,350, 5 per cent ; $4,100, 5£ per cent; 

$483,775, 6 per cent; $29,600, 6£ per cent; $201,585, 7 per cent; 

$16,000, 7£ per cent; $2,374, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 257 

Aggregate amount of the same 325,834 00 

26 



202 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of investments from which no income is received 

Number of open accounts 3,832 

Number and amount of deposits received for previous year, 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year . . . 

Number of deposits of $1,000 and upwards .... 

Number and amount of deposits of $200 and less . 

Number and amount of deposits of $100 and less . 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust .... 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals ...... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year ... 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 3. 

Public Funds. 



$7,000 00 



1,648 


109,952 55 


89 


44,231 84 


364 




459 


64,876 02 


337 


25,381 26 


546 


11,835 27 


1,371 


514,010 32 


27 


14,591 66 


720 


277,169 63 


72 


23,032 27 


3,773 


601,840 47 


399 




1,265 




. 


5,784 47 




25,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 5s, 1881 . 

City and town bonds : — 
City of Hartford, Conn. . 
Town of Woburn .... 
City of Lowell .... 


$50,000 

1,000 
20,000 
50,000 


$51,875 00 

1,010 00 
22,400 00 
56,500 00 


$50,000 00 

1,000 00 
20,000 00 
50,000 00 




$121,000 


$131,785 00 


$121,000 00 



Bank Stock. 



New England Nat'l Bank, Boston . 


$500 


$695 00 


$500 00 


Traders' Nat'l Bank, Boston . 


800 


810 00 


800 00 


First Nat'l Bank, Boston 


800 


1,480 00 


800 00 


City Nat'l Bank, Boston 


900 


1,035 00 


900 00 


Mount Vernon Nat'l Bank, Boston . 


1,000 


952 50 


1,000 00 


Howard Nat'l Bank, Boston . 


1,300 


1,482 00 


1,300 00 


Merchants' Nat'l Bank, Boston 


1,500 


2,036 25 


1,500 00 


Second Nat'l Bank, Boston. 


2,000 


2,700 00 


2,000 00 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,220 00 


2,000 00 


Eliot Nat'l Bank, Boston 


2,500 


2,687 50 


2,500 00 


North America Nat'l Bank, Boston . 


3,700 


3,774 00 


3,700 00 


Shawmut Nat'l Bank, Boston . 


3,900 


4,368 00 


3.900 00 


Eagle Nat'l Bank, Boston 


4,000 


4,000 00 


4,000 00 


Maverick Nat'l Bank, Boston . 


4,400 


8,140 00 


4,400 00 


North Nat'l Bank, Boston 


4,300 


5,418 00 


4,300 00 


Everett Nat'l Bank, Boston . 


9,000 


9,247 50 


9,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



203 



Bank Stock — Concluded. 



• 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Mechanics' ZSTat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Commerce Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Blackstone Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Metropolitan Nat'l Bank, Boston 
Collateral Loan Company, Boston 
Railroad Nat'l Bank, Lowell . 
Bay State Nat'l Bank, Lawrence 
First Nat'l Bank, Maiden 




$5,000 
5,000 
4,500 
6,300 

16,000 
8,300 
9,900 

10,600 

28,100 
4,000 
2,800 

23,300 
2,250 
6,800 


$5,512 50 

5,250 00 

5,124 38 

6,441 75 

16,640 00 

10,043 00 

10,246 50 

12,720 00 

33,720 00 

4,000 00 

2,604 00 

25,921 25 

3,000 00 

7,480 00 


$5,000 00 
5,000 00 
4,500 00 
6,300 00 

16,000 00 
8,300 00 
9,900 00 

10,600 00 

28,100 00 
4,000 00 
2,800 00 

23,300 00 
2,250 00 
6,800 00 






$175,450 


$199,749 13 


$175,450 00 



Railroad Bonds. 



Old Colony Railroad 
Boston and Maine Railroad 



$50,000 
30,000 



$80,000 



$59,250 00 
36,000 00 



$95,250 00 



$50,000 00 
30,000 00 



,000 00 



I 



204 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MEDFORD SAVINGS BANK — MEDFORD. 

Incorporated 1869. Number of corporators, $0. 
Henry Hastings, President. Treasurer, Daniel W. Lawrence. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$303,597 86 


Public funds .... 


$39,830 00 


Earnings, undivided . 


9,738 52 


Loans on public funds . 


10,000 00 


Guaranty fund . 


3,000 00 


Bank stock .... 


23,430 00 


Suspense account 


600 00 


Real estate by foreclosure . 


14,382 70 






Loans on real estate 


183,000 00 






Loans on personal security . 


23,550 00 






Loans to counties, cities, or 








towns 


15,000 00 






Deposit in banks on interest . 


7, '-585 27 






Cash on haud .... 


358 41 




$316,936 38 


$316,936 38 



Loans on Public Funds, amount on each : — 
On $10,000 State of Massachusetts 5 per cent bonds 

Cash on Deposit in Bank: — 
National Exchange Bank, Boston .... 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 1\ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws: first Saturday of 

May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$10,000, 4£ per cent; $7,500, 4£ per cent; $22,000, 6 per cent; 

$37,800, 6£per cent; $94,800, 7 per cent; $14,575, 7 T % per cent; 

$14,500, 1\ per cent; $30,375, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 112 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,262 

Number and amount of deposits received for previous year . 967 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 29 

Number of deposits of $1,000 and upwards .... 92 
Number and amount of deposits of $200 and less . . . 168 



$10,000 00 



$7,385 27 

$14,382 70 

14,300 00 

420 00 

205 72 

$23,232 14 
7,255 08 
7,168 47 






128,150 00 
8,320 91 

48,459 00 

16,138 00 

21,602 99 



1880.] 



PUBLIC DOCUMENT — No. 8. 



205 



Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust .... 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year 
Number of accounts closed the previous year . . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Dec. 6. 



178 


$12,488 15 


524 


9,019 44 


452 


105,860 57 


10 


5,428 01 


367 


69,598 93 


30 


13,713 02 


685 


60,236 53 


159 




134 




• 


1,000 00 




20,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and town bonds : — 








City of Boston 6s . 


$12,000 


$12,120 00 


$12,000 00 


of Cambridge 6s 


1,000 


1,020 00 


1,000 00 


of Lynn 5s ... . 


5,000 


5,350 00 


5,150 00 


of Springfield 7s 


3,000 


3,000 00 


3,000 00 


Town of Melrose, 7s 


5,000 


5,500 00 


5,000 00 


of Medford 6s - . 


12,000 


13,680 00 


13,680 00 




$38,000 


$40,670 00 


$39,830 00 



Bank Stock. 



Commerce Nat'l Bank, Boston 


$1,200 


$1,323 00 


$1,200 00 


Hamilton Nat'l Bank, Boston 


1,500 


1,650 00 


1,800 00 


Blackstone Nat'l Bank, Boston 


3,300 


3,333 00 


3,507 00 


Revere Nat'l Bank, Boston 


400 


424 00 


442 75 


Eagle Nat'l Bank, Boston 


1,000 


1,055 00 


1,120 00 


Republic Nat'l Bank, Boston . 


1,500 


1,830 00 


1,875 00 


Commonwealth Nat'l Bank, Boston, 


2,500 


2,040 00 


2,140 00 


Monument Nat'l Bank, Boston 


2,500 


4,131 25 


4,265 00 


Market Nat'l Bank, Boston . 


1,000 


1,010 00 


1,050 25 


Hide and Leather Nat'l B'k, Boston, 


2,000 


2,150 00 


2,200 00 


Webster Nat'l Bank, Boston . 


1,000 


1,042 50 


1,030 00 


Boston Nat'l Bank, Boston 


2,500 


2,551 25 


2,800 00 




$20,400 


$22,540 00 


$23,430 00 



206 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MED WAY SAVINGS BANK — MEDWAY. 

Incorporated 1871. Number of corporators, 64. 
M. M. Fisher, President. Treasurer, O. A. Mason. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$159,093 80 
4,503 09 
2,508 31 



$166,105 20 



Bank stock 
Loans on bank stock 
Real estate by foreclosure 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Cash on hand . 



$18,667 50 
300 00 

15,432 69 
109,654 12 

11,802 97 

4,000 00 

4,998 80 

847 80 

401 32 



$166,105 20 



Loans on Bank Stock, amount on each:- 
On 5 shares Eliot National Bank, Boston 

Cash on Deposit in Bank : — 

Central National Bank, Boston . 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for / 2-J per cent 

previous year »2 per cent 

Times for the dividends fixed by the by-laws: June and December 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5^1 per cent. 
The total amount of loans, with each specified rate of interest: 

$4,000, 4£per cent; $12,439.79, 6 per cent; $3,000, 6£ per cent; 

$106,317.30, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 147 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 



$300 00 



$4,998 80 

$15,432 69 

13,020 00 

788 90 

155 05 

$9,668 46 
3,851 04 
3,076 56 



711 

495 

51 

41 

103 

77 
276 
310 



95,415 00 
7,517 50 

57,401 58 

21,563 66 

15,534 25 
6,274 79 
3,678 81 

71,637 64 



1880.] 



PUBLIC DOCUMENT — No. 8. 



207 



Number and amount of deposits held by guardians ... 11 $6,691 42 
Number and amount of deposits held in trust .... 25 9,301 30 
Number and amount of deposits held by charitable associa- 
tions 8 3,090 99 

Number and amount of withdrawals . . . . . . 638 67,682 48 

Number of accounts opened the previous year .... 80 

Number of accounts closed the previous year . . . .86 

Amount of expenses of the corporation during previous year . . 750 00 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : May 2. 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Holliston Nat'l Bank, Holliston 
Central Nat'l Bank, Boston . 
First Ward Nat'l Bank, Boston 
Wrentham Nat'l Bank, Wrentham, 
Dedham Nat'l Bank, Dedham 
Eleventh Ward Nat'l Bank, Boston, 


$4,200 
6,500 
3,000 
525 
2,000 
1,000 


$5,040 00 

6,500 00 

1 2,700 00 

600 00 

2,400 00 


$5,040 00 
6,667 50 
3,075 00 

595 00 
2,440 00 

850 00 




$17,225 


$17,240 00 


$18,667 50 






208 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MELROSE SAVINGS BANK — MELROSE. 

Incorporated April 3, 1872; organized Aug. 5, 1874. Number of corporators, 22. 

Daniel Russell, President. Treasurer, E. H. Goss. 

Statement. 



Liabilities. 


ASSET8. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$62,867 95 

1,387 21 

377 86 


Public funds .... 
Loans on real estate 
Deposit in banks on interest . 
Expense account . 
Cash on hand .... 


$15,542 50 

38,350 00 

10,289 11 

308 78 

142 63 




$64,633 02 


$64,633 02 



Cash on Deposit in Bank; — 
Everett National Bank 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2-J per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent 
The total amount of loans, with each specified rate of interest: 

$10,000, 6 per cent; $26,350, 7 per cent; $2,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 28 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Dec. 29. 



:i 



$10,289 11 

$3,562 16 
1,245 44 
1,293 66 



536 
711 

15 
6 

15 

29 
647 
241 

41 

9 

268 

113 

69 



26,850 00 
27,789 53 



7,171 08 



2,076 46 


1,982 72 


15,408 77 


29,515 24 


7,473 23 


2,073 00 


18,563 59 


464 78 


5,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



209 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City bonds: — 






- 


City of Gardiner, Me., 6s 


$1,000 


$1,030 00 


$1,000 00 


of Dover, N.H., 6s . 


3,000 


3,180 00 


3,150 00 


of Portsmouth, N.H., 6s. 


1,000 


1,060 00 


1,048 75 


of Portland, Me., 6s 


5,000 


5,450 00 


5,218 75 


of Lewiston, Me., 6s 


3,000 


3,090 00 


3,150 00 


of Kockland, Me., 6s 


2,000 


2,000 00 


1,975 00 




$15,000 


$15,810 00 


$15,542 50 



27 






210 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MERRIMAC SAVINGS BANK — MERRIMAC. 

Incorporated 1871. Number of corporators, 36. 

John S. Poyen, President. Treasurer, Daniel J. Poore. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$163,052 85 

186 47 

1,314 06 


Bank stock .... 
Loaus on bank stock 
Railroad bonds 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 
towns, Merrimac fire dis- 

Deposit in banks on interest . 
Expense account and taxes . 


$2,000 00 

1,250 00 

8,600 00 

78,725 00 

55,648 40 

2,325 00 

15,132 45 

872 53 




$164,553 38 


$164,553 38 



Loans on Bank Stock, amount on each: — 
On 13 shares First National Bank of Merrimac 

Cash on Deposit in Bank : — 
First National Bank of Merrimac 



$1,250 00 



$15,132 45 

Whole amount of interest or profits received or earned . . . $8,712 98 
Rate and amount of each semi-annual dividend for \ 2-$- per cent . ( 3,361 74 

previous year > 2-£ per cent . i 3,563 33 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5-£ per cent. 
The total amount of loans, with each specified rate of interest: 

$14,000, 5 per cent; $60,630, 6 per cent; $5,200, 6£ per cent; 

$56,618.40, 7 per cent; $1,500, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 75 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number antl amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 9 5,510 97 



572 

445 

31 

42 

67 

78 

200 

248 

2 

14 



77,448 40 


35,574 17 


14,699 22 


9,266 90 


8,410 08 


3,568 15 


66,124 05 


649 34 


5,195 07 



1880.] 



PUBLIC DOCUMENT — No. 8. 



211 



Number and amount of withdrawals 222 $16,892 88 

Number of accounts opened the previous year . . . 121 

Number of accounts closed the previous year .... 42 
Amount of expenses of the corporation during previous year . . 606 64 

Amount oj treasurer's bonds 10,000 00 

Date of examination by commissioner : June 10. * 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


First Nat'l Bank, Merrimac . 


$2,000 


$2,500 00 


$2,000 00 


Railroad Bonds. 


West Amesbury Branch R.R. Co. . 


$8,600 


$9,030 00 


$8,600 00 






212 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MERRIMACK RIVER SAVINGS BANK — LOWELL. 

Incorporated Feb. 24, 1871. Number of corporators, 39. 
Josiah G. Peabody, President. Treasurer, N. G. Lamson. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$257,771 21 
1,946 (54 
1,350 03 



Public funds . 

Bank stock 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Cash on band . . 



$261,066 88 



87,000 00 
27,41«i 12 
26,300 00 
181,586 25 
10,258 77 

3,000 00 

5,310 55 

1«)2 19 



$261,066 88 



Cash on Deposit in Bank: — 
Waniesit National Bank 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Kate and amount of each semi-annual dividend for ) 2 per cent 

previous year ( 2 per cent 

Times for the dividends fixed by the by-laws : first Saturday of May 

and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$13,500, 5 per cent; $97,770, 6 per cent; $5,360, 6* per cent; 

$5S,856.25, 7 per cent; $1,400, 7£ per cent; $700, 7^ per cent; 

$3,000, 7£ per cent; $1,000, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 67 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



$5,310 55 

$26,300 00 

26,700 00 

1,198 33 

295 19 

$14,590 23 
5,585 19 
4,891 73 



664 
303 

33 
5 

23 

37 

203 

165 

3 

182 



82,876 25 

29,776 23 

16,994 12 

3,699 25 
3,169 62 
4,058 00 

50,745 53 
908 06 

45,397 56 



1880.] 



PUBLIC DOCUMENT — No. 8. 



213 



Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year .... 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds ' . 15,000 00 

Date of examination by commissioner : June 5. 



6 


$4,226 94 


450 


84,797 04 


58 




132 





749 02 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town bonds: — 
Town of Natick .... 
of Provincetown . 


$3,000 
4,000 


$3,060 00 
4,080 00 


$3,000 00 
4,000 00 




$7,000 


$7,140 00 


$7,000 00 



Bank Stock. 



Tremont Nat'l Bank, Boston . 


$4,500 


$5,225 62 


$4,955 62 


Blackstone Nat'l Bank, Boston 


2,500 


2,568 75 


2,899 50 


Atlantic Nat'l Bank, Boston . 


1,000 


1,392 50 


1,351 50 


Atlas Nat'l Bank, Boston 


3,000 


3,600 00 


3,525 00 


Hide and Leather Nat'l B'k, Boston, 


2,100 


2,331 00 


2,320 50 


Howard Nat'l Bank, Boston . 


1,000 


1,140 00 


1,130 25 


North Nat'l Bank, Boston 


900 


1,080 00 


1,086 75 


Metropolitan Nat'l Bank, Boston . 


1,600 


1,552 00 


1,600 00 


Boston Nat'l Bank, Boston 


5,000 


5,112 50 


5,750 00 


Redemption Nat'l Bank, Boston 


2,000 


2,500 00 


2,800 00 




$23,600 


$26,502 37 


$27,419 12 






214 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MIDDLEBOROUGH SAVINGS BANK — MIDDLEBOROUGH. 

Incorporated March 15, 1873. Number of corporators, 40. 
Everett Robinson, President. Treasurer, Cornelius B. Wood. 

Statement. 



Liabilities. 



A8SETS. 



Deposits 

Earnings, undivided . 
Guaranty fund . 
Interest not earned . 



$280,049 22 
4,791 27 
1,700 00 
2,300 00 



Public funds . 
Bank stock 
Railroad bonds 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Cash on hand . 



$288,840 49 



$31,543 75 

13,140 00 

5,112 50 

166,019 10 
38,377 90 

10,591 11 

22,427 76 

1,628 37 



288,840 49 



Cash on Deposit in Bank : — 
New England Trust Company . . $22,427 76 

Whole amount of interest or profits received or earned . . . $14,317 05 
Rate and amount of each semi-annual dividend for ? 2-J per cent . ( 5,576 79 

previous year S 2£ per cent . i 6,197 28 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 4 per cent; $5,500, 6 per cent; $198,897, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each - . . 272 

Aggregate amount of the same 189,673 63 

Number of open accounts 1,156 

Number and amount of deposits received for previous year . 814 93,076 61 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 83 39,519 51 

Number of deposits of $1,000 and upwards .... 70 
Number and amount of deposits of $200 and less . . . 184 25,530 58 
Number and amount of deposits of $100 and less . . . 129 9,198 81 
Number and amount of deposits of $50 and less . . . 412 6,922 17 
Number and amount of deposits held by women . . . 489 106,116 28 
Number and amount of deposits held by guardians . . . 8 2,482 38 
Number and amount of deposits held in trust .... 74 19,960 49 
Number and amount of deposits held by charitable associa- 
tions 6 1,155 07 

Number and amount of withdrawals 448 40,177 02 

Number of accounts opened the previous year .... 213 
Number of accounts closed the previous year .... 85 
Amount of expenses of the corporation during previous year . . 438 47 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : July 12. 



1880.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds. 



215 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 
" " 5s, " 


$25,000 
5,000 


$26,375 00 
5,125 00 


$26,425 00 
5,118 75 




$30,000 


$31,500 00 


$31,543 75 



Bank Stock. 



Commerce Nat'l Bank, New Bedford, 
Webster Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Suffolk Nat'l Bank, Boston . 



$3,000 
5,000 
2,200 
2,100 



$12,300 



$3,000 00 
5,125 00 
2,563 00 
2,446 50 



$13,134 50 



£3,540 00 
4,961 00 
2,329 00 
2,310 00 



$13,140 00 



Railroad Bonds. 



Old Colony Railroad 



$5,000 



$5,500 00 



$5,112 50 



216 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MIDDLESEX INSTITUTION FOR SAVINGS — CONCORD. 

Incorporated 1835. Number of corporators, 22. 

George M. Brooks, President. Treasurer, George Heywood. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$956,370 63 

18,606 38 

7,530 00 



$982,507 01 



Public funds . 

Bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on reai estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Expense account . 
Cash on hand . 



$25,000 00 
260,000 00 
140,000 00 
4,500 00 
382,268 80 
95,100 00 

52,500 00 

732 00 

22,405 61 



$982,507 01 



Cash on Deposit in Bank: — 
Concord National Bank 



Amount of real estate held by foreclosure 
Assessed value of the same .... 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : second Tuesday of 

June and December. 
The total amount of loans, with each specified rate of interest: 

$32,868.80, 5 per cent; $179,800, 6 per cent; $158,350, 6£ per cent; 

$103,200, 7 per cent; $3,000, 7 T 3 F per cent; $25,500, 7£ per cent; 

$6,150, 8 per cent; $20,000, 9 per cent; $1,000, 10 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 161 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



$22,405 61 

$4,500 00 

5,185 00 

235 00 

62 80 

$49,925 37 
23,403 13 
23,297 40 



• 


216,350 00 


. 


20,000 00 


2,682 




1,001 


93,968 73 


87 


46,616 12 


283 




316 


43,673 63 


223 


15,808 24 


654 


13,469 70 


1,316 


450,&52 41 


26 


13,734 25 


226 


92,973 90 



1,305 74 






1880.] 



PUBLIC DOCUMENT — No. 8. 



217 



Number and amount of withdrawals .... 1,286 $137,359 34 
Number of accounts opened the previous year . . . 262 / 

Number of account closed the previous year .... 285 
Amount of expenses of the corporation during previous year . 3,054 97 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : Aug. 20. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


State bonds: — 
State of Maine . 
of Rhode Island 


$11,000 
14,000 


$11,550 00 
15,680 00 


$11,000 00 
14,000 00 




$25,000 


$27,230 00 


$25,000 00 



Bank 


Stock. 






Blackstone Nat'l Bank, Boston 


$10,600 


$10,865 00 


$10,600 00 


Boston Nat'l Bank, Boston 


13,300 


13,595 25 


13,300 00 


Central Nat'l Bank, Boston . 


5,000 


5,000 00 


5,000 00 


City Nat'l Bank, Boston . 


10,000 


11,500 00 


10,000 00 


Columbian Nat'l Bank, Boston 


6,700 


9,313 00 


6,700 00 


Commerce Nat'l Bank, Boston 


11,300 


12,882 00 


11,300 00 


Continental Nat'l Bank, Boston 


300 


309 00 


300 00 


Eagle Nat'l Bank, Boston 


15,000 


15,825 00 


15,000 00 


Eliot Nat'l Bank, Boston 


16,700 


17,952 50 


16,700 00 


Faneuil Hall Nat'l Bank, Boston . 


10,000 


12,325 00 


10,000 00 


First Nat'l Bank, Boston 


2,800 


5,04Q 00 


2,800 00 


Hamilton Nat'l Bank, Boston . 


2,100 


2.378 25 


2,100 00 


Hide and Leather Nat'l B'k, Boston, 


7,200 


7,931 00 


7,200 00 


Howard Nat'l Bank, Boston . 


20,000 


22,800 00 


20,000 00 


Market Nat'l Bank, Boston . 


2,300 


2,323 00 


2,300 00 


Merchants' Nat'l Bank, Boston 


15,000 


20,362 50 


15,000 00 


North America Nat'l Bank, Boston, 


10,000 


11,000 00 


10,000 00 


Revere Nat'l Bank, Boston 


22,500 


26,268 50 


22,500 00 


Second Nat'l Bank, Boston 


4,500 


6,300 00 


4,500 00 


Shawmut Nat'l Bank, Boston . 


10,000 


11,100 00 


10,000 00 


Shoe and Leather Nat'l B'k, Boston, 


10,000 


10,600 00 


10,000 00 


State Nat'l Bank, Boston 


13,800 


16,353 00 


13,800 00 


Traders' Nat'l Bank, Boston . 


2,500 


2,531 00 


2,500 00 


Tremont Nat'l Bank, Boston . 


10,000 


11,612 00 


10,000 00 


Webster Nat'l Bank, Boston . 


15,000 


15,750 00 


15,000 00 


Concord Nat'l Bank, Concord 


10,000 


12,000 00 


10,000 00 


Old Lowell Nat'l Bank, Lowell 


900 


1,080 00 


900 00 


Framingham Nat'l Bank, Framing'm, 


500 


700 00 


500 00 


First Nat'l Bank, Marlborough 


2,000 


2,200 00 


2,000 00 




$260,000 


$297,896 00 


$260,000 00 



Railroad Bonds. 



Boston and Albany Railroad 
Eastern Railroad . 



$100,000 
42,000 



$142,000 



$121,500 00 
34,860 00 



$156,360 00 



$100,000 00 
40,000 00 



$140,000 00 



28 



218 



BANK COMMISSIONERS' REPORT. 



[Jan. 



MILFORD SAVINGS BANK — MILFORD. 

Incorporated April 24, 1851. Number of corporators, 48. 
Orison Underwood, President. Treasurer, James E. "Walker. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$615,813 43 
3,908 45 
5,470 78 



Public funds . 

Loans on public funds . . 

Bank stock 

Loans on bank stock 

Real estate 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Casb on band . 



$625,192 66 



$126,810 00 

1,450 00 

110,693 74 

13,853 00 

31,000 00 

1,780 22 

284,080 64 

7,350 00 

25,000 00 
23,175 06 



$625,192 66 



Loans on Public Funds, amount on each : — 

$1,000 Town of Milford bonds $1,000 00 

$1,000 United States 4 per cent bonds 450 00 



Loans on Bank Stock, amount on each : — 
On 198 shares Milford National Bank 
On 40 shares Oxford National Bank . 



$13,653 00 
200 00 



Cash on Deposit in Bank : — 
Milford National Bank 



Invested in real estate (for banking purposes) . 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same per month 
Amount of municipal tax on real estate . 



$23,175 06 

$31,000 00 

31,000 00 

1,780 22 

1,500 00 

12 25 

340 37 



Whole amount of interest or profits received or earned . . . $32,880 09 
Rate and amount of each semi-annual dividend for ) 2 per cent . ( 11,470 19 

previous year ) 2 per cent . i 11,451 73 

Times for the dividends fixed by the by-laws : second Saturday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6^- per cent. 
The total amount of loans, with each specified rate of interest : 

$7,050, 4 per cent; $31,200, 5 per cent; $167,750.64, 6 per cent; 

$11,085, 6i per cent; $99,923, 7 per cent; $5,150, 7| per cent; 

$8,675, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 182 

Aggregate amount of the same 181,083 64 



1880.] 



PUBLIC DOCUMENT — No. 8. 



219 



Amount of investments from which no income is received 

Number of open accounts . 2,329 

Number and amount of deposits received for previous year, 

including dividends . . 1,408 

Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 105 

Number of deposits of $1,000 and upwards .... 138 
Number and amount of deposits of $200 and less . . . 370 
Number and amount of deposits of $100 and less . . . 275 
Number and amount of deposits of $50 and less . . . 719 
Number and amount of deposits held by women . . 1,276 
Number and amount of deposits held by guardians . . . 9 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: May 23. 



16 

1,504 
338 
305 



$900 00 



136,308 45 

52,084 95 

52,479 95 
19,164 04 
14,141 55 
324,084 36 
5,837 16 
29,863 50 

5,766 00 

127,097 84 



1,690 04 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 4^-s .... 
" " 4s . 

City and town bonds : — 
Town of Milford 5s, 1893 
of Milford 6s, 1897 
of Milford 6s, 1887 
of Beverly, note, 6 perct., 1886, 
City of Portland, Me., 6s, 1907 

of Burlington, Vt., 6s, 5-20 . 


$42,000 
15,000 

36,000 
10,000 
10,000 
10,000 
2,000 
500 


$44,362 50 
15,318 75 

38,520 00 
11,500 00 
11,100 00 
10,800 00 
2,120 00 
500 00 


$43,310 00 
15,000 00 

36,000 00 
10,000 00 
10,000 00 
10,000 00 
2,000 00 
500 00 




$125,500 


$134,221 25 


$126,810 00 



Bank Stock. 



Central Nat'l Bank, Boston . 


$15,000 


$15,000 00 


$15,000 00 


Blackstone Nat'l Bank, Boston 


2,300 


2,363 25 


2,300 00 


Revere Nat'l Bank, Boston 


3,000 


3,180 00 


3,000 00 


Howard Nat'l Bank, Boston . 


2,600 


2,970 50 


2,600 00 


Webster Nat'l Bank, Boston . 


700 


735 00 


700 00 


Freeman's Nat'l Bank, Boston 


4,000 


4,200 00 


5,360 00 


Shawmut Nat'l Bank, Boston 


4,000 


4,440 00 


4,790 00 


Eliot Nat'l Bank, Boston 


4,800 


5,160 00 


5,682 99 


Hide and Leather Nat'l B'k, Boston, 


10,000 


11,100 00 


10,659 50 


Union Nat'l Bank, Boston 


3,900 


5,099 25 


6,313 50 






220 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock — Concluded. 







Estimated 






Tar Value. 


Market Value. 


Amount Invested. 


Continental Nat'l Bank, Boston 


$2,500 


$2,575 00 


$2,955 25 


Redemption Nat'l Bank, Boston 


1,000 


1,200 00 


1,505 00 


Shoe and Leather Nat'l B'k, Boston, 


200 


211 00 


274 50 


Boylston Nat'l Bank, Boston . 


700 


740 25 


1,070 12 


North Nat'l Bank, Boston 


7,100 


8,733 00 


9,769 13 


Home Nat'l Bank, Brockton . 


10,000 


10,000 00 


10,000 00 


Hopkinton Nat'l Bank, Hopkinton, 


2,700 


3,240 00 


2,700 00 


Milford Nat'l Bank, Milford . 


22,000 


27,940 00 


26,013 75 




$96,500 


$108,887 25 


$110,693 74 



1880.] 



PUBLIC DOCUMENT — No. 8. 



221 



MILLBURY SAVINGS BANK — MILLBURY. 

Incorporated 1854. Number of corporators, 44. 

"William R. Hill, President. Treasurer, David Atwood. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$457,352 74 

11,51)6 23 

3,352 00 



$472,300 97 



Public funds . 

Bank stock 

Loans on bank stock 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns . 
Expense account 
Premium account 
Suspense account 
Cash on hand . 



$57,500 00 
122,200 00 

1,750 00 
214,225 00 

1,150 00 

57,500 00 
569 93 

16,391 01 
471 73 
543 30 



$472,300 97 



Loans on Bank Stock, amount on each : — 
On 18 shares Millbury National Bank 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 1\ per cent . ( 

previous year > 2 per cent . t 

Times for the dividends fixed by the by-laws : January and July. 
The whole loan on real estate, personal security, and on bank 

stocks, bears interest at 7 per cent. Only 6 per cent, however, is 

taken when paid six months in advance, which is optional with 

the debtor. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . 132 

Aggregate amount of the same 



$1,750 00 

$25,074 53 

10,403 27 

8,438 13 



Number of open accounts 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Aug. 29. 



1,160 
766 

59 
180 
176 
118 
287 
497 
10 
30 

10 
629 
170 
124 



107,625 00 
65,071 87 
32,801 65 

22,436 00 

5,603 00 

5,236 00 

175,610 92 

5,878 00 

16,834 00 

6,245 00 
54,389 80 



1,195 82 
20,000 00 



222 



BANK COMMISSIONERS' REPORT. [Jan. 
Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City and town bonds : — 
City of Portland, Me., 6s 

of Lawrence 6s 
Town of Westborough 5s 


$45,500 

6,000 
3,000 
3,000 


$47,065 00 

6,720 00 
3,360 00 
3,150 00 


$45,500 00 

6,000 00 
3,000 00 
3,000 00 




$57,500 


$60,295 00 


$57,500 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$5,000 


$5,775 00 


$5,000 00 


Blackstone Nat'l Bank, Boston 


4,100 


4,254 00 


4,100 00 


Boston Nat'l Bank, Boston 


3,900 


3,744 00 


3,900 00 


Commonwealth Nat'l Bank, Boston, 


10,000 


10,100 00 


10,000 00 


Commerce Nat'l Bank, Boston 


5,700 


6,025 00 


5,700 00 


Continental Nat'l Bank, Boston 


2,000 


2,100 00 


2,000 00 


Eliot Nat'l Bank, Boston 


10,000 


10,825 00 


10,000 00 


Eagle Nat'l Bank, Boston 


1,200 


1,266 00 


1,200 00 


First Ward Nat'l Bank, Boston 


5,000 


3,750 00 


5,000 00 


Globe Nat'l Bank, Boston 


4,200 


4,337 00 


4,200 00 


Hamilton Nat'l Bank, Boston 


2,500 


2,750 00 


2,500 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,475 00 


5,000 00 


Manufacturers' Nat'l Bank, Boston, 


500 


450 00 


500 00 


Merchandise Nat'l Bank, Boston . 


2,500 


2,250 00 


2,500 00 


Merchants' Nat'l Bank, Boston 


2,300 


3,065 00 


2,300 00 


North Nat'l Bank, Boston 


4,000 


4,920 00 


4,000 00 


North America Nat'l Bank, Boston, 


900 


900 00 


900 00 


Old Boston Nat'l Bank, Boston 


300 


390 00 


300 00 


Shawmut Nat'l Bank, Boston . 


2,500 


2,781 00 


2,500 00 


Second Nat'l Bank, Boston 


3,500 


4,821 00 


3,500 00 


Shoe and Leather Nat'l B'k, Boston, 


7,400 


7,622 00 


7,400 00 


Suffolk Nat'l Bank, Boston . 


2,000 


2,275 00 


2,000 00 


State Nat'l Bank, Boston 


5,000 


5,650 00 


5,000 00 


Traders' Nat'l Bank, Boston . 


5,000 


5,150 00 


5,000 00 


Citizens' Nat'l Bank, Worcester 


500 


530 00 


500 00 


Central Nat'l Bank, Worcester 


3,600 


4,680 00 


3,600 00 


Quinsigamond Nat'l B'k, Worcest'r, 


2,400 


2,640 00 


2,400 00 


Worcester Nat'l Bank, Worcester . 


900 


1,026 00 


900 00 


Oxford Nat'l Bank, Oxford . 


600 


780 00 


600 00 


First Nat'l Bank, Grafton 


4,000 


5,000 00 


4,000 00 


Millbury Nat'l Bank, Millbury 


15,700 


18,055 00 


15,700 00 




$122,200 


$133,386 00 


$122,200 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



223 



MINERS' SAVINGS BANK — WEST STOCKBRIDGE. 

Incorporated Feb. 28, 1872. Number of corporators, 31. 

George W. Kniffin, President. Treasurer, William C. Spaulding. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$33,537 39 
618 36 
300 00 


Public funds .... 
Bank stock . 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

Cash on band .... 


$1,227 00 
5,375 00 

20,550 00 
2,050 00 

3,694 84 
1,558 91 




$34,455 75 


$34,455 75 



Cash on Deposit in Bank : — 
Housatonic National Bank, Stockbridge 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent . 

previous year . ) 2-J- per cent . 

Times for the dividends fixed by the by-laws : first Wednesday of 

January and July. 
The total amount of loans, with each specified rate of interest : 

$1,227, 3 T 9 7 per cent; $2,500, 6 per cent; $725, 6^ per cent; 

$1,894.84, 6 T 3 Q per cent; $4,650, 6 T 6 F per cent; $19,875, 7 per cent; 

$2,025, 7 T % per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 39 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds , 

Date of examination by commissioner : Aug 5. 



170 
95 

5 
5 

22 
25 

67 
82 
3 
2 
79 
12 
20 



$1,534 80 

$2,165 03 
773 70 
768 54 



20,400 00 



6,871 62 
2,400 00 



3,027 86 


1,881 81 


1,331 52 


12,471 12 


2,166 06 


222 93 


7,810 03 


343 39 


5,000 00 



224 



BANK COMMISSIONERS' REPORT. [Jan. 
Public Funds. 





Par Value. 


Estimated 
Market Value. 


inn unt Invested. 


United States 4s, consols . 


• 


$1,200 


$1,227 00 


$1,227 00 


Bank Stock. 



Housatonic Nat'l Bank, Stockbridge, 
Mahaiwe Nat'l Bank, Gt. Barrington, 



$3,100 
500 

$3,600 



$1,650 00 
725 00 

$5,375 00 



$4,650 00 
725 00 

$5,375 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



225 



MONSON SAVINGS BANK— MONSON. 

Incorporated 1872. Number of corporators, 19. 
C. H. Merrick, President. Treasurer, E. F. Morris. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$394,186 29 
3,405 83 
3,315 00 


Public funds . . . . 
Loans on public funds . 
Bank stock . . . . 
Loans on bank stock 
Railroad bonds 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

Deposit in banks on interest, 
Cash on hand .... 


$75,710 00 

2,000 00 

43,355 25 

20,125 00 

4,144 65 

26,702 57 

180,775 00 

7,945 00 

2,000 00 

30,000 00 

8,149 65 




$400,907 12 


$400,907 12 



Loans on Public Funds, amount on each : — 
On $2,000 United States bonds, 4s . 



Loans on Bank Stock, amount on each : — 
On 10 shares Third National Bank, Springfield 
On 20 shares First National Bank, Amherst 
On 90 shares City National Bank, Springfield 
On 10 shares Palmer National Bank, Palmer 
On 86 shares Monson National Bank, Monson 
On Savings Bank Book .... 

Cash on Deposit in Banks : — 
Commonwealth National Bank, Boston 
Monson National Bank, Monson 

Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$2,000 00 

$1,000 00 
1,850 00 

8,900 00 

7,375 00 
1,000 00 



.6,859 51 
1,290 14 



,702 57 

22,850 00 

1,166 00 

429 66 



Whole amount of interest or profits received or earned . . . $19,671 90 
Rate and amount of each semi-annual dividend for i 2 per cent . r 7,225 26 

previous year ] 2 per cent . \ 7,421 26 

Times for the dividends fixed by the by-laws: first Monday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$36,000, 4 per cent; $23,800, 5 per cent; $57,795, 6 per cent; 

$32,250, 6i per cent; $83,075, 7 per cent; $1,625, 7 T 3 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .' 128 

Aggregate amount of the same 175,225 00 

29 



226 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : June 5. 



1,087 
744 

43 

2 

76 

154 

453 

581 

2 

19 



454 
175 

107 



$4,800 00 

78,371 09 

21,336 37 

13,434 75 
12,599 88 
10,75S 13 
312,352 70 
1,005 46 
14,197 08 

1,249 89 
51,214 44 



992 00 
10,000 00 



Public Funds. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 

State bonds, Massachusetts 

City and town bonds : — 
Town of Westfield .... 
City of Worcester .... 


$50,000 
2,000 

10,000 
13,000 


$51,250 00 
2,220 00 

10,700 00 
14,000 00 


$50,000 00 
2,210 00 

9,550 00 
13,950 00 




$75,000 


$78,170 00 


$75,710 00 



Bank Stock. 



North Nat'l Bank, Boston 


$2,000 


$2,300 00 


$2,465 00 


Eagle Nat'l Bank, Boston 


2,000 


2,260 00 


2,260 00 


North America Nat'l Bank, Boston, 


2,000 


2,220 00 


2,290 00 


Blackstone Nat'l Bank, Boston 


1,500 


1,560 00 


1,440 00 


Redemption Nat'l Bank, Boston 


2,500 


3,300 00 


3,576 50 


Eliot Nat'l Bank, Boston 


2,500 


2,700 00 


2,800 00 


Commerce Nat'l Bank, Boston 


2,500 


3,000 00 


3,859 50 


Suffolk Nat'l Bank, Boston . 


4,000 


4,720 00 


5,070 00 


Tremont Nat'l Bank, Boston . 


1,000 


1,175 00 


1,150 00 


Webster Nat'l Bank, Boston . 


1,000 


1,055 00 


1,065 00 


Hide and Leather Nat'l B'k, Boston, 


1,000 


1,125 00 


1,162 75 


Merchants' Nat'l Bank, Boston 


3,000 


4,200 00 


3,946 25 



1880.] 



PUBLIC DOCUMENT — No. 8. 



227 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Revere Nat'l Bank, Boston 


$1,100 


$1,287 00 


$1,277 25 


Exchange Nat'l Bank, Boston 


500 


710 00 


881 25 


State Nat'l Bank, Boston . ■ 


500 


590 00 


577 75 


Massachusetts Nat'l Bank, Boston . 


500 


575 00 


641 50 


Ware Nat'l Bank, Ware 


300 


360 00 


382 50 


City ]Sat'l Bank, Springfield . 


2,000 


2,100 00 


2,000 00 


Monson Nat'l Bank, Monson . 


5,200 


6,510 00 


6,510 00 




$35,100 


$41,747 00 


$43,355 25 



Railroad Bonds. 



Eastern Railroad 




$4,144 65 






228 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NANTUCKET INSTITUTION FOR SAVINGS i — NANTUCKET. 

Incorporated December, 1834. Number of corporators, 37. 

Thomas G. Folger, President. Treasurer, Matthew Babney. 

Alexander Macy, Jun., Assistant Treasurer. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$481,103 22 

14,022 94 

3,318 91 



,445 07 



Public funds . 

Loans on public funds . 

Bank stock 

Real estate 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Deposit in banks on interest 

Expense account . 

Loans on savings bank book 

Casb on hand . 



$4,800 00 

100 00 

84,900 00 

3,575 00 

80,279 55 

205,102 84 

37,808 00 

14,922 67 

727 29 

280 00 

5,889 72 



,445 07 



Loans on public funds, amount on each . 

Cash on Deposit in Banks : — 
Pacific National Bank, Nantucket 
North National Bank, Boston . 

Invested in real estate (for banking purposes] 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Amount acquired by exchange . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$100 00 



$3,217 15 
14,922 67 

$3,575 00 
3,575 00 

73,828 53 
6,451 02 

77,520 00 
2,203 00 
1,464 16 



Whole amount of interest or profits received or earned . . . $21,889 94 
Times for the dividends fixed by the by-laws: first Monday of 

January and July. 
The total amount of loans, with each specified rate of interest: 

$7,500, 5 per cent; $17,750, 5| per cent; $156,269.50, 6 per cent; 

$98,566.34, 6$ per cent; $23,265, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .88 

Aggregate amount of the same - . . . 95,513 34 

Amount of investments from which no income is received . . 46,023 87 

Number of open accounts 1,512 

Number and amount of deposits received for previous year, . 59 6,425 45 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 4 2,416 82 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued Dec. 10, 1878, and extended, Dec. 10, 1879, 
to pay ten per cent of remainder of deposits each six months. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



229 



Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions . 

Number and amount of withdrawals . . . . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Amount of assistant treasurer's bonds .... 
Date of examination by commissioner: July 10. 



55 

210 
97 

466 

827 

8 

22 

15 

1,556 

4 

36 



$27,552 55 
8,304 20 
9,463 16 

245,393 68 
5,293 68 
8,427 15 

5,152 80 
95,370 79 



2,261 93 

10,000 00 

5,000 00 



Public Funds. 



- 


Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 


• 


$4,800 


$4,920 00 


$4,800 00 


Bank Stock. 



Atlas Nat'l Bank, Boston 
City Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Eagle Nat'l Bank, Bostdn 
Exchange Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
North Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Old Boston Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
First Nat'l Bank, Lynn . 
First Nat'l Bank, New Bedford 
Commerce Nat'l Bank, N. Bedford, 
Pacific Nat'l Bank, Nantucket 



$3,000 
2,000 
3,000 
2,400 
1,000 
3,000 
4,000 
800 
3,000 
5,000 
1,500 

12,500 
1,300 
9,000 
4,000 
3,000 
3,600 
1,500 
5,000 
1,900 
2,000 
7,400 
5,000 



$84,900 



$3,570 
2,230 
3,315 
2,448 
1,055 
4,140 
4,930 
908 
3,690 
5,025 
1,950 

10,750 
1,443 
9,495 
4,560 
3,030 
4,140 
1,912 
5,212 
2,090 
2,000 
7,400 
5,600 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$90,893 00 



$3,000 00 

2,000 00 

3,000 00 

2,400 00 

1,000 00 

3,000 

4,000 
800 

3,000 

5,000 

1,500 
12,500 00 

1,300 00 

9,000 00 

4,000 00 

3,000 

3,600 

1,500 

5,000 

1,900 

2,000 

7,400 



00 
00 
00 
00 
00 
00 



00 
00 
00 
00 
00 
00 
00 



5,000 00 



$84,900 00 



230 



BANK COMMISSIONERS' REPORT. 






[Jan. 



NATICK FIVE CENTS SAVINGS BANK — NATICK. 

Incorporated April 5, 1859. Number of corporators, 44. 
John O. Wilson, President. Treasurer, James Whitney. 

Statement. 



Liabilities. 


AS8ETS. 


Deposits 


$450,284 04 


Public funds .... 


$29,928 00 


Earnings, undivided . 


14,01(5 67 


Loans on public funds . 


1«)5 00 


Guaranty fund . 


3,473 50 


Bank stock .... 


44,520 50 






Real estate bv foreclosure . 


2,500 00 






Loans on real estate 


321,329 19 






Loans on personal security . 


32,015 00 






Loans to counties, cities, or 








towns 


6,000 00 


% 




Deposit in banks on interest . 


20.000 00 






Furniture and fixtures . 


583 99 






Cash on hand .... 


10,705 53 




$467,774 21 


$467,774 21 



Loans on Public Funds, amount on each: — 

On $100 United States 4s $1,000 00 

On $95 United States 4s 100 00 



Cash on Deposit in Bank: — 
Natick National Bank 



$9,832 52 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws: first Saturday of 

May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$37,000, 5 per cent; $40,650, 6 per cent; $263,928.50, 6J per cent; 

$35,140, 7 T 3 Q per cent; $2,820.69, 7| per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .237 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 2,303 

Number and amount of deposits received for previous year, 2,162 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 92 

Number of deposits of $1,000 and upwards .... 109 
Number and amount of deposits of $200 and less . . . 253 
Number and amount of deposits of $100 and less . . . 199 



$2,500 00 


500 00 


560 00 


$27,527 56 


9,928 60 


10,018 15 



232,239 19 
2,500 00 

120,375 34 

48,695 69 

32,781 5* 
13,630 



1880.] 



PUBLIC DOCUMENT — No. 8. 



231 



Number and amount of deposits of $50 and less 
"Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Dec. 18. 



1,229 


$19,409 81 


996 


179,092 82 


7 


3,842 02 


114 


54,732 87 


23 


5,546 78 


1,503 


115,372 37 


463 




381 




• 


1,300 00 


• 


30,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 


$30,000 


$30,900 00 


$29,925 00 



Bank Stock. 



Merchandise Nat'l Bank, Boston . 


$1,200 


$1,152 00 


$1,200 00 


Everett Nat'l Bank, -Boston . 


7,000 


7,017 50 


8,210 00 


Columbian Nat'l Bank, Boston 


1,300 


1,787 50 


1,855 75 


Maverick Nat'l Bank, Boston . 


1,000 


1,850 00 


1,300 00 


Second Nat'l Bank, Boston 


1,000 


1,377 50 


1,560 00 


State Nat'l Bank, Boston 


700 


801 50 


771 75 


Atlas Nat'l Bank, Boston 


1,100 


1,309 00 


1,320 00 


Home Nat'l Bank, Brockton . 


5,000 


5,000 00 


5,000 00 


Redemption Nat'l Bank, Boston 


1,400 


1,680 00 


2,135 00 


Republic Nat'l Bank, Boston . 


3,000 


3,652 50 


3,825 00 


Merchants' Nat'l Bank, Boston 


4,600 


6,302 00 


6,393 75 


Natick Nat'l Bank, Natick 


2,000 


2,200 00 


2,000 00 


Monument Nat'l Bank, Charlestown, 


1,500 


2,482 50 


2,775 00 


Continental Nat'l Bank, Boston 


500 


510 00 


581 25 


Central Nat'l Bank, Boston . 


2,700 


2,619 00 


2,693 00 


Wachusett Nat'l Bank, Fitchburg . 


2,500 


3,750 00 


2,500 00 


Metropolitan Nat'l Bank, Boston . 


400 


400 00 


400 00 




$36,900 


$43,891 00 


$44,520 50 






232 



BANK COMMISSIONERS' REPORT. [Jan. 



NEW BEDFORD FIVE CENTS SAVINGS BANK — NEW BEDFORD. 

Incorporated May 5, 1855. Number of corporators, 128. 
Gkorgb Howl and, Jun., President. Treasurer, Barton Ricketson, Jun. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



^2,222,436 50 
40,271 41 
24,242 G4 



Public funds . 

Loans on public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Fixture account 
Cash on baud . 



1, 286,950 55 



[,283,500 00 
75.000 00 
165,<KX) 00 
296 05 
161,000 00 
285,580 50 
200,079 20 

5,000 00 

3,354 69 

397 64 

5,000 00 

11,812 47 



$2,286,950 55 



Loans on Public Funds, amount on each: — 

On $30,000 United States 4s, registered I 

On $45,000 United States 5s, coupon > $' o > 00 ° °° 

Loans on Bank Stock, amount on each: — 
On 7 shares Mechanics' National Bank $296 05 

Cash on Deposit in Banks : — 

Merchants' National Bank $579 55 

Mechanics' National Bank 1,523 34 

Citizens' National Bank .626 65 

First National Bank 625 15 

Whole amount of interest or profits received or earned . . . $127,620 43 
Rate and amount of each semi-annual dividend for ) 2\ per cent . ( 46,230 59 

previous year ' 2£ per cent . ( 46,915 63 

Times for the dividends fixed by the by-laws : second Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6| per cent. 
The total amount of loans, with each specified rate of interest: 

$208,450, 5 percent; $20,000, 5£ per cent; $427,505.75, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 273 

Aggregate amount of the same 294,955 42 

Number of open accounts 10,312 

Number and amount of deposits received for previous year, 4,582 351,018 11 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 271 134,737 93 

Number of deposits of $1,000 and upwards .... 73 

Number and amount of deposits of $200 and less . . . 249 38,838 63 

Number and amount of deposits of $100 and less . . . 416 34,672 45 



1880.] 



PUBLIC DOCUMENT — No. 8. 



233 



Number and amount 
Number and amount 
Number and amount 
Number and amount 
Number and amount 

tions . 
Number and amount 
Number of accounts 
Number of accounts 
Amount of expenses 
Amount of treasurer 
Date of examination 



of deposits of $50 and less 
of deposits held by women 
of deposits held by guardians 
of deposits held in trust . 
of deposits held by charitable 



associa- 



of withdrawals 

opened the previous year . 

closed the previous year . 

of the corporation during previous year . 

's bonds 

by commissioner : Sept. 10. 

Public Funds. 



3,451 


$44,171 80 


3,624 


767,132 02 


58 


33,012 64 


1,380 


480,534 00 


1 


3,000 00 


4,384 


376,661 18 


932 




901 




. 


6,164 89 




15,000 00 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 4|s, registered . 


$83,500 


$88,196 00 


$83,500 00 


" " 4s, 1891 . 






104,500 


106,720 00 


104,500 00 


" " 5s, 1881, new 






35,000 


35,700 00 


35,000 00 


" " 6s, 1881, old 






2,000 


2,105 00 


2,000 00 


u u currency 6s 






175,000 


213,500 00 


175,000 00 


City and town bonds : — 








Town of Northampton . 


111,000 


116,550 00 


111,000 00 


of North Bridge water 






40,000 


40,400 00 


40,000 00 


of New Haven, Conn. 






10,000 


10,500 00 


10,000 00 


of Holyoke . 






50,000 


55,500 00 


50,000 00 


City of Norwich, Conn. . 






13,000 


13,910 00 


13,000 00 


of Calais, Me. . 






6,000 


6,180 00 


6,000 00 


of Portland, Me. . 






100,000 


105,000 00 


100,000 00 


of New Bedford 5s . 






23,000 


23,230 00 


23,000 00 


of New Bedford, water 






95,000 


104,500 00 


95,000 00 


of Cambridge . 






30,000 


32,100 00 


30,000 00 


of Newport, R.I. 






10,000 


10,500 00 


10,000 00 


of Chelsea 






95,000 


105,450 00 


95,000 00 


of Bangor, Me. 






66,000 


67,320 00 


66,000 00 


of New Haven, Conn. 






74,500 


78,225 00 


74,500 00 


of Charlestown 






25,000 


25,750 00 


25,000 00 


of Lowell 






25,000 


27,250 00 


25,000 00 


of Hartford, Conn. . 






2,000 


2,040 00 


2,000 00 


of Salem . 






25,000 


27,250 00 


25,000 00 


of Fall River . 






73,000 


73,730 00 


73,000 00 


of Boston 




10,000 


10,000 00 


10,000 00 








$1,283,500 


$1,381,606 00 


.$1,283,500 00 



Bank Stock. 



Third Nat'l Bank, Springfield 
Franklin Nat'l Bank, Franklin 
Merchants' Nat'l B'k, New Bedford, 
First Nat'l Bank, New Bedford 



$10,000 

6,000 

49,400 

19,100 



$15,500 00 

6,000 00 

65,825 00 

20,341 00 



$10,000 00 

6,000 00 

49,400 00 

19,100 00 



30 



234 



BANK COMMISSIONERS' REPORT. 

Bank Stock — Concluded. 



[Jan. 





Par Value. 


Estimated 

Market Value. 


Amount Invested. 


Citizens' Nat'l Bank, New Bedford, 


$20,000 


$10,250 00 


$20,000 00 


Commerce Nat'l Bank, New Bedford, 


22,400 


22,120 00 


22,400 00 


First Nat'l B;mk, Boston 


10,000 


18,025 00 


10,000 00 


Revere Nat'l Bank, Boston 


12,000 


12,720 00 


12,000 00 


Merchants' Nat'l Bank, Boston 


10,000 


13,700 00 


10,000 00 


State Nat'l Bank, Boston 


2,000 


2,290 00 


2,000 00 


Tremont Nat'l Bank, Boston . 


2,500 


2,900 00 


2,500 00 


Merchandise Nat'l Bank, Boston . 


2,500 


2,400 00 


2,500 00 




$165,900 


$201,071 00 


$165,900 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 
Eastern Railroad . 
Old Colony Railroad 6s . 
Old Colony Railroad 7s . 
Boston and Maine Railroad 
Mansfield and Framingham R.R. 



$10,000 
52,500 
30,000 
20,000 
15,000 
33,500 



$161,000 



$11,000 00 
43,050 00 
33,000 00 
23,600 00 
18,000 00 
25,628 00 



$154,278 00 



$10,000 00 
52,500 00 
30,000 00 
20,000 00 
15,000 00 
33,500 00 



$161,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



235 



NEW BEDFORD INSTITUTION FOR SAVINGS — NEW BEDFORD. 

Incorporated 1825. Number of corporators, 122. 

William Watktss, President. Treasurer, Charles H. Petrce. 

Statement. 



Liabilities. 



Assets. 



Deposits 


$8,632,449 05 


Public funds .... 


S3. 000,550 00 


Earnings, undivided . 


50.622 32 


Loans on public funds . 


52.558 00 


Guaranty fund . 


112,000 00 


Bank stock .... 


1.410.^60 00 






Loans on bank stock 


21,820 00 






Railroad bonds 


75^.500 00 






Real estate .... 


46.000 00 






-Real estate bv foreclosure . 


1,520 50 






Loans on real estate 


439,635 00 






Loans on personal security . 


2,587.136 64 






Loans to counties, cities, or 








towns 


46.000 00 






Deposit in banks on interest . 


328,710 58 






"Expense account . 


537 00 






-Loans on deposits . 


450 00 






Cash on band .... 


9,384 65 




$8,795,071 37 


$8,795,071 37 



Loans on public funds, amount on each: — 
On $53,500 United States bonds . 



Loans on Bank Stock, amount on each : — 
On 13 shares First National Bank, New Bedford 
On 80 shares Mechanics' National Bank, New Bedford 
On 20 shares Merchants' National Bank, New Bedford 
On 22 shares Commerce National Bank, New Bedford 
On 70 shares First National Bank of Easton 
On 15 shares Falmouth National Bank 
On 12 shares Fall River National Bank, Fall Biver . 
On 25 shares Third National Bank of Springfield 

Cash on Deposit in Banks : — 
Exchange National Bank, Boston 
Maverick National Bank, Boston 
Merchandise National Bank, Boston . 
Massachusetts National Bank, Boston 
Third National Bank, Springfield 
Taunton National Bank, Taunton 
Merchants' National Bank, New Bedford 
First National Bank, New Bedford . 
Commerce National Bank, New Bedford 
Mechanics' National Bank, New Bedford 
Citizens' National Bank, New Bedford 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 
Amount of municipal tax on real estate . 



$52,55S 00 

$770 00 
7,300 00 
1,850 00 

500 00 
7,000 00 
1,000 00 

900 00 
2,500 00 

$40,000 00 
25,000 00 
25,000 00 

114,319 S2 
50,000 00 
20,000 00 
10,264 54 
10,401 4S 
10,300 S9 
10,188 80 
13,244 05 

$46,000 00 

46,000 00 

1,520 50 

264 86 



236 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Whole amount of interest or profits received or earned . 
Bate and amount #f each semi-annual dividend for ) 2 per cent 

the previous year J 2 per cent 

Times for the dividends fixed by the by-laws: first Monday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$100,000, 4 percent; $1,268,080, 5 per cent; $130,500, 5$ per cent; 

$1,215,374.64, 6 percent; $10,000, 6| per cent; $51,000, 6* per cent; 

$373,545, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 208 

Aggregate amount of the same 

Amount of investments from which no income is received 
Number of open accounts . . . ... . . 17,515 

Number and amount of deposits received for previous year, 6,318 
Number and amount of deposits of and exceeding $300 at any 



$519,644 23 
( 172,499 58 
( 168,947 29 



one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust 



558 

113 

630 

999 

3,549 

7,958 

270 

3,959 



Number and amount of deposits held by charitable associa- 



tions 



95 



Number and amount of withdrawals .... 12,402 
Number of accounts opened the previous year . . . 1,526 

Number of accounts closed the previous year . . . 2,040 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: Sept 9. 



187,163 47 
47,520 50 

833,367 71 

342,871 80 

100,145 76 

83,519 36 

83,482 71 

3,601,341 12 

149.028 08 

2,596,329 92 

120,649 93 
1,499,776 01 



14,964 95 
20,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 


11,405,500 


$1,459,867 00 


$1,433,500 00 


City and town bonds : — 








City of New Bedford 6s . 


346,000 


387,520 00 


346,000 00 


of New Bedford 5s . 


13,000 


13,130 00 


13,000 00 


of New Bedford 7s . 


50,000 


55,000 00 


50,000 00 


of Roxbury 5s . 


3,000 


3,000 00 


3,000 00 


of Charlestown 5s . 


100,000 


108,000 00 


100,000 00 


of Springfield 6s 


5,000 


5,400 00 


5,000 00 


of Fall River 6s 


40,000 


• 40,400 00 


40,000 00 


of Manchester, N.H., 6s . 


20,000 


21,200 00 


20,000 00 


of Middletown, Conn., 6s 


81,500 


87,305 00 


81,500 00 


Town of Greenfield 6s 


5,000 


5,450 00 


5,000 00 


of Buckland 6s 


5,000 


5,400 00 


5,000 00 


of Shelburne 6s 


6,000 


6,480 00 


6,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



237 



Public Funds — Concluded. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Town of Adams 6s . 

qf Northampton 6s 
City of Norwalk, Conn., 7s 
of Boston 6s 
of Bangor, Me. , 6s . 
of Rockland, Me., 6s 
Town of Maiden 5s 
of Maiden 6s 
of Medford 6s 
of Melrose 6s 
of North Bridgewater 6s 
City of Meriden, Conn., 7s 
Town of Harwich 7s 
City of Worcester 6s 

of Hartford, Conn. , 6s 
of Salem 6s 
of Burlington, Vt., 6s 
of Taunton 6s . 
of Chelsea 6s . 
Sagadahoc County, Me., 6s 
City of Augusta, Me., 6s 
of Dover, N.H., 6s . 
of Bath, Me., 6s . 
of Newport, R.I., 6s 
of Concord, N.H., 6s 
Town of Edgar town, 6s . 

of Attleborough water 7s 



13,000 

50,000 

. 10,000 

100,000 

100,000 

50,000 

17,000 

•50,000 

50,000 

50,000 

6,000 
50,000 

8,000 
50,000 
20,000 
50,000 
29,050 
20,000 
85,000 
19,000 

4,500 
17,000 
45,000 

4,000 

5,000 
40,000 
50,000 



$3,240 00 
52,500 00 
11,900 00 
100,000 00 
102,000 00 
50,000 00 
17,680 00 
55,000 00 
55,000 00 
55,000 00 

6,060 00 
57,500 00 

8,160 00 
51,000 00 
21,800 00 
54,500 00 
31,374 00 
20,400 00 
94,350 00 
20,330 00 

4,815 00 
17,850 
45,000 

4,200 

5,200 
42,000 00 
57,500 00 



00 
00 
00 
00 



$3,000 00 
50,000 00 
10,000 00 
100,000 oo 
100,000 00 
50,000 00 
17,000 00 
50,000 00 
50,000 00 
50,000 00 

6,000 00 
50,000 00 

8,000 00 
50,000 00 
20,000 00 
50,000 00 
29,050 00 
20,000 00 
85,000 00 
19,000 00 

4,500 00 
17,000 00 
45,000 00 

4,000 00 

5,000 00 
40,000 00 
50,000 00 



$3,062,550 



$3,242,511 00 



$3,090,550 00 



Bank Stock. 



Merchants' Nat'l B'k, New Bedford, 
First Nat'l Bank, New Bedford 
Commerce Nat'l Bank, New Bedford, 
Mechanics' Nat'l B'k, New Bedford, 
Citizens' Nat'l Bank, New Bedford, 
Hide and Leather Nat'l B'k, Boston, 
Boston Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Exchange Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
Republic Nat'l Bank, Boston . 
First Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
North Nat'l Bank, Boston 



$109,600 

135,600 

136,600 

100,000 

100,000 

19,700 

14,300 

13,300 

2,000 

45,600 

52,600 

38,000 

10,000 

48,500 

23,000 

22,500 

8,300 

22,100 



$145,768 00 

138,990 00 

134,892 00 

131,000 00 

98,000 00 

21,473 00 

14,586 00 

15,029 00 

2,760 00 

50,160 00 

72,062 00 

38,000 00 

18,500 00 

58,685 00 

41,400 00 

30,825 00 

8,715 00 

27,183 00 



$109,600 00 

135,600 00 

136,600 00 

100,000 00 

100,000 00 

19,700 00 

14,300 00 

13,300 00 

2,000 00 

45,600 00 

58,500 00 

38,000 00 

10,000 00 

48,500 00 

34,500 00 

22,500 00 

8,300 00 

22,100 00 



238 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock — Concluded. 







Estimated 






Tar Value. 


Market Vi-lne. 


Amount Invested. 


City Nat'l Bank, Boston 


$2,700 


$3,105 00 


$2,700 00 


Tremont Nat'l Bank, Boston . 


34,300 


39,788 00 


34 300 00 


Hamilton Nat'l Bank, Boston 


8,300 


9,130 00 


8,300 00 


Shawmut Nat'l Bank, Boston 


13,500 


14,985 00 


13,500 00 


Continental Nat'l Bank, Boston 


25,000 


25,500 00 


25,000 00 


Eagle Nat'l Bank, Boston 


16,800 


17,640 00 


16,800 00 


Massachusetts Nat'l Bank, Boston . 


43,500 


46,980 00 


43,500 00 


Atlas Nat'l Bank, Boston 


36,000 


42,840 00 


36,000 00 


Union Nat'l Bank, Boston 


12,400 


16,120 00 


12,400 00 


State Nat'l Bank, Boston 


8,200 


9,348 00 


8,200 00 


Traders' Nat'l Bank, Boston . 


13,000 


13,130 00 


13,000 00 


Columbian Nat'l Bank, Boston 


26,000 


35,620 00 


26,000 00 


Revere Nat'l Bank, Boston 


49,100 


52,046 00 


49,100 00 


Washington Nat'l Bank, Boston 


13,000 


16,510 00 


13.000 00 


Shoe and Leather Nat'l B'k, Boston, 


13,600 


14,280 00 


13,600 00 


New England Nat'l Bank, Boston . 


3,200 


4,256 00 


3,200 00 


Commonwealth Nat'l Bank, Boston, 


10,000 


10,200 00 


10,000 00 


Redemption Nat'l Bank, Boston 


20,000 


24,000 00 


25,000 00 


Everett Nat'l Bank, Boston . 


2,500 


2,500 00 


2,500 00 


Merchandise Nat'l Bank, Boston . 


2,400 


2,304 00 


2,400 00 


Monument Nat'l Bank, Boston 


10,000 


16,500 00 


10,000 00 


Railroad Nat'l Bank, Lowell . 


9,000 


9,990 00 


9,000 00 


South Reading Nat'l Bank 


7,000 


7,000 00 


7,000 00 


Fall River Nat'l Bank, Fall River . 


20,000 


22,000 00 


20,000 00 


First Nat'l Bank, Maiden 


15,000 


16,500 00 


15,000 00 


Fairhaven Nat'l Bank, Fairhaven . 


1,760 


1,056 00 


1,760 00 


First Nat'l Bank, Chelsea 


20,000 


20,000 00 


20,000 00 


Metacomet Nat'l Bank, Fall River . 


25,000 


21,250 00 


25,000 00 


Third Nat'l Bank, Springfield 


20,000 


30,000 00 


20,000 00 


Wachusett Nat'l Bank, Fitchburg . 


5,000 


6,500 00 


5,000 00 




$1,387,960 


$1,599,106 00 


$1,410,360 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 
Boston and Albany Railroad 7s 
New Bedford and Taunton R.R. 6s, 
New Bedford Railroad 7s 
Worcester and Nashua Railroad 5s . 
Flint and Fere Marquette Railroad . 



$50,000 

450,000 

59,500 

75,000 

125,000 

15,000 

$774,500 



$55,500 00 


540,000 


00 


60,690 


00 


82,500 


00 


125,000 


00 


6,000 


00 


$869,690 00 



$50,000 00 

450,000 00 

59,500 00 

75,000 00 

125,000 00 



$759,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



239 



NEWBURYPORT FIVE CENTS SAVINGS BANK i — NEWBURYPORT. 

Incorporated April 24, 1854. Number of corporators, 47. 
Ebkn Sumner, President. Treasurer, John A. Maynard. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$878,697 95 


Public funds .... 


$155,000 00 


Earnings, undivided . 


41,648 52 


Bank stock .... 


101,600 00 


Guaranty fund . 


5,019 10 


Loans on bank stock 


650 00 






Railroad bonds 


5,000 00 






Loans on railroad stock 


200 00 






Real estate .... 


43,942 46 






Real estate by foreclosure . 


244,279 69 






Loans on real estate 


317,560 00 






Loans on personal security . 


38,454 00 






Deposit in banks on interest . 


17,102 84 






Expense account . 


151 67 






Cash on hand .... 


1,424 91 




$925,305 57 


$925,365 57 



Loans on Bank Stock, amount on each : — 
On 7 shares Market National Bank, Boston 

Loans on railroad stock, amount on each : — 
On 1 share Boston and Maine Railroad, 5 shares Boston and Albany 
Railroad 



Cash on "Deposit in Banks : — 
First National Bank, Newburyport . 
Maverick National Bank, Boston 

Invested in real estate (for banking purposes) 
Estimated value of the same 
Amount of real estate held by foreclosure . 
Assessed value of the same .... 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$650 00 



$200 00 



$9,078 92 
8,023 92 

$43,942 46 

43,942 46 

244,279 69 

233,600 00 

2,815 49 

4,884 54 

$48,119 82 



Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: first Monday of May 

and November. , 
The total amount of loans, with each specified rate of interest: 

$4,000, 3 per cent; $13,000, 3^ per cent; 189,214, 6 per cent; 

$25,600, 6£ per cent; $100,950, 7 per cent; $3,300, 7 T 3 F per cent; 

$4,350, 7i per cent; $16,450, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . . . . . . . . 207 

Aggegate amount of the same 203,514 00 

Amount of investments from which no income is received . . 124,392 95 
Number of open accounts 4,106 

1 Temporarily enjoined by decree of Supreme Judicial Court April 2, 1878. 



240 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . • 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: June 15. 



307 


$53,141 42 


349 


24,017 85 


2,051 


23,200 70 


1,235 


360,042 80 


30 


9,1 0(; 54 


129 


£3,926 64 


47 


24,087 06 


2,295 


182,212 28 


. 


1,949 02 




20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 
" " 4s, consols 

City bonds: — 
City of Holyoke .... 
of New Bedford 
of Springfield .... 
of Belfast, Me. 
of Bangor, Me., 6s . 
of Bangor, Me., 7s . 


$30,000 
70,000 

5,000 
10,000 
■ 10,000 
10,000 
10,000 
10,000 


$37,050 00 
71,837 50 

5,600 00 
11,245 00 
10,800 00 
10,100 00 
10,400 00 
11,200 00 


$30,000 00 
70,000 00 

5,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 




$155,000 


$168,232 50 


$155,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
City Nat'l Bank, Boston 
Exchange Nat'l, Bank, Boston 
Eliot Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Howard Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston. 
Hide and Leather Nat'l B'k, Boston 
Maverick Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
New England Nat'l Bank, Boston 



$1,000 
6,000 
800 
1,700 
3,300 
1,300 
1,800 
4,200 
5,000 
8,000 
500 
3,300 
7,400 
1,500 
1,000 
2,500 
4,000 
1,000 
1,000 




$1,000 00 
6,000 00 
800 00 
1,700 00 
3,300 00 
1,300 00 
1,800 00 
4,200 00 
5,000 00 
8,000 00 
500 00 
3,300 00 
7,400 00 
1,500 00 
1,000 00 
2,500 00 
4,000 00 
1,000 00 
1,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



241 



Bank Stock — Concluded. 








Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Republic Nat'l Bank, Boston . 


$2,300 


$2,783 00 


$2,300 00 


Revere Nat'l Bank, Boston 


3,700 


3,922 00 


3,700 00 


Shawmut Nat'l Bank, Boston 


1,000 


1,110 00 


1,000 00 


Suffolk Nat'l Bank, Boston . 


1,200 


1,380 00 


1,200 00 


Tremont Nat'l Bank, Boston . 


3,300 


3,832 12 


3,300 00 


Third Nat'l Bank, Boston 


3,700 


3,515 00 


3,700 00 


Union Nat'l Bank, Boston 


2,400 


3,138 00 


2,400 00 


Webster Nat'l Bank, Boston . 


5,600 


5,824 00 


5,600 00 


First Nat'l Bank, Newburyport 


10,500 


13,125 00 


13,000 00 


Ocean Nat'l Bank, Newburyport . 


1,000 


1,000 00 


1,000 00 


Mechanics' Nat'l B'k, Newburyp't . 


9,100 


10,283 00 


9,100 00 




$99,100 


$114,427 37 


$101,600 00 



Railroad Bonds. 



Old Colony and Newport Railroad . 




$5,925 00 



,000 00 



31 






242 



BANK COMMISSIONERS' REPORT. [Jan. 



NEWTON SAVINGS BANK — NEWTON. 

Incorporated June 17, 1831. Number of corporators, 16. 
George Hyde, President. Treasurer, Susanna M. Duncklee. 

Statement. 



Liabilities. 


A8SETS. 


Deposits 


$721,800 92 


Public funds .... 


$174,445 07 


Earnings, undivided . 


13,1)53 17 


Loans on public funds . 


2,00(3 00 


Guaranty fund . 


6,000 00 


Bank stock .... 


21,125 00 






Railroad bonds 


54,570 26 






Real estate bv foreclosure . 


77,880 00 






Loans on real estate 


-308,019 44 






Loans on personal security . 


68,400 00 






Deposit in banks on interest . 


22,007 04 






Expense account . 


475 97 






Sundry claims on real estate . 


5,615 14 






Casb on band .... 


3,625 17 




$741,823 09 


$741,823 09 



Loans on Public Funds, amount on each 
On $2,000 United States bonds, 6s, 1881 . 

Cash on Deposit in Bank : — 
Newton National Bank .... 



$2,000 00 



$22,067 04 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$77,880 00 

85,050 00 

3,130 06 

1,144 29 



Whole amount of interest or profits received or earned . . . $39,913 70 
Rate and amount of each semi-annual dividend for ) 2\ per cent . ( 15,303 02 

previous year ) 2-J per cent . i 15,903 06 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6^ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 5 per cent; $102,000, 6 per cent; $2,500, 6£ per cent; 

$264,519.44, 7 per cent; $2,500, 7i per cent; $2,500, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .100 

Aggregate amount of the same 208,980 00 

Amount of investments from which no income is received . . 12,580 00 

Number of open accounts 2,948 

Number and amount of deposits received for previous year, 2,612 197,038 32 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 105 58,981 63 

Number of deposits of $1,000 and upwards .... 171 

Number and amount of deposits of $200 and less . . . 370 50,933 57 

Number and amount of deposits of $100 and less . . . 304 21,266 35 






1880.] 



PUBLIC DOCUMENT — No. 8. 



243 



Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals .... 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Oct. 23. 



1,168 


$18,783 80 


1,713 


405,270 96 


11 


3,891 70 


278 


70,768 18 


13 


1,676 41 


1,454 


106,932 08 


529 




250 




. 


3,197 76 




20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City bonds ..... 


$56,500 
108,000 


$59,224 37 
116,850 00 


$61,451 56 
112,993 51 




$164,500 


$176,074 37 


$174,445 07 



Bank Stock. 



Brighton Nat'l Bank, Boston . 


$700 


$597 00 


$700 00 


Commonwealth Nat'l Bank, Boston, 


3,000 


3,060 00 


3,000 00 


First Nat'l Bank, Cambridge . 


1,000 


1,250 00 


1,000 00 


Merchandise Nat'l Bank, Boston . 


2,400 


2,544 00 


2,400 00 


Natick Nat'l Bank, Natick 


2,500 


2,900 00 


2,500 00 


Newton Nat'l Bank, Newton . 


1,500 


1,530 00 


1,500 00 


Revere Nat'l Bank, Boston 


3,000 


3,4.^0 00 


3,000 00 


Union Market Nat'l B'k, Watertown, 


4,500 


4,590 00 


4,500 00 


Wachusett Nat'l Bank, Fitchburg . 


2,500 


3,725 00 


2,500 00 


Waltham Nat'l Bank, Waltham 


225 


225 00 


225 00 


Eleventh Ward Nat'l Bank, Boston, 


2,800 


330 00 


2,800 00 


. 


$24,125 


$24,231 00 


$24,125 00 



Railroad Bonds. 



Boston and Albany Railroad 7s 
Mansfield and Framingham 7s 



$40,000 
10,000 



$50,000 



$48,400 00 
10,000 00 



$58,400 00 



$44,570 26 
10,000 00 



$54,570 26 






244 



BANK COMMISSIONERS' REPORT. [Jan. 



NORTHAMPTON INSTITUTION FOR SAVINGS — NORTHAMPTON. 

Incorporated 1842. Number of corporators, 17. 
H. G. Knight, President. Treasurer, L. Maltby. 

Statement. 



Liabilities. 


ASSET8. 


Deposits 


$1,706,706 59 


Public funds .... 


$480,813 25 


Earnings, undivided . 


28,151 21 


Loans on public funds . 


95 no 


Guaranty fund . 


17,000 00 


Bank stock .... 


45,800 00 






Loans on bank stock 


18,518 70 






Railroad bonds 


361,875 00 






Real estate .... 


27,251 68 






Real estate by foreclosure . 


15,825 00 






Loans on real estate 


611,585 69 






Loans on personal security . 


99,128 50 






Loans to counties, cities, or 








towns . . . . ' . 


26,350 00 






Deposit in banks on interest . 


59,731 09 






Cash on hand .... 


4,883 89 




$1,751,857 80 


$1,751,857 80 



Loans on public funds, amount on each: — 
On $100 United States 4s . 



Loans on Bank Stock, amount on each : — 
On 54 shares First National Bank, Easthampton 
On 103 shares First National Bank, Northampton . 
On 3 shares Hampshire County National Bank, Northampton 
On 76 shares Northampton National Bank, Northampton 

Cash on Deposit in Banks : — 
Northampton National Bank .... 
Hampshire County National Bank, Northampton 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$95 00 

$4,800 00 

7,575 00 

300 00 

5,843 70 

$49,731 09 
10,000 00 

$27,251 68 

25,000 00 

15,825 00 

13,000 00 

825 00 

412 26 



Whole amount of interest or profits received or earned . . . $96,962 30 
Rate and amount of each semi-annual dividend for \ 1\ per cent . ( 38,309 63 

previous year J 2 per cent . ( 33,292 39 

Times for the dividends fixed by the by-laws : first Wednesday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$12,730, 4 per cent; $9,350, 5 per cent; $733,597.89, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 346 

Aggregate amount of the same 308,523 46 

Number of open accounts 4,695 

Number and amount of deposits received for previous year, 2,467 225,601 62 



1880.] 



PUBLIC DOCUMENT — No. 8. 



245 



Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Nov. 11. 



222 $120,077 62 


561 




468 


66,852 92 


403 


29,169 65 


1,307 


23,967 74 


2,438 


840,973 15 


47 


17,197 63 


184 


75,489 74 


2,790 


327,185 49 


. 622 




. 617 




. 


4,709 28 




25,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City bonds : — 
City of Meriden, Conn. . 


1411,000 
46,000 


$423,482 75 
48,760 00 


$434,813 25 
46,000 00 




$457,000 


$472,242 75 


$480,813 25 



Bank Stock. 



Northampton Nat'l B'k, Northam'n, 
First Nat'l Bank, Northampton 
City Nat'l Bank, Worcester . 
Atlantic Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 



$10,000 
1,600 
4,000 
1,000 
5,300 
1,500 
1,000 
3,000 
2,000 
2,700 
3,400 
2,600 
1,700 
2,000 

. 2,000 
2,000 



$45,800 



$11,000 00 
2,000 00 
4,120 
1,395 
5,419 
1,653 
1,380 
5,400 
2,740 
2,700 
4,682 
2,886 
1,946 
2,020 
2,540 
2,085 



00 
00 
25 
75 
00 
00 
00 
00 
75 
00 
50 
00 
00 
00 



$53,968 25 



$10,000 00 
1,600 00 
4,000 
1,000 
5,300 
1,500 
1,000 
3,000 
2,000 
2,700 
3,400 
2,600 
1,700 
2,000 
2,000 
2,000 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



$45,800 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 
Boston and Albany Railroad 7s 
Boston and Maine Railroad 7s 
Boston and Lowell Railroad 7s 



$40,000 

200,000 

70,000 

40,000 



$350,000 



$44,800 00 

243,000 00 

84,000 00 

46,000 00 



$417,800 00 



$41,000 00 

207,250 00 

71,275 00 

42,350 00 



$361,875 00 






246 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH ADAMS SAVINGS BANK — NORTH ADAMS. 

Incorporated 1848. Number of corporators, 42. 
C. T. Sampson, President. Treasurer, V. A. Whitaker. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$734,773 78 


Public funds .... 


$57,180 00 


Earnings, undivided . 


12,000 00 


Loans on public funds . 


4,000 00 


Guaranty fund . 


6,000 00 


Bank stock .... 


43.548 44 


State tax, accrued 


2,150 00 


' Loans on bank stock 


2,700 00 


Other liabilities . 


1,187 64 


Loans on railroad bonds 


125 00 






Real estate .... 


6,000 00 






Real estate bv foreclosure . 


32,507 75 






Loans on real estate 


465,314 34 






Loans on personal security . 


122,810 21 






Loans to counties, cities, or 








towns 


2,000 00 






Expense account . 


336 16 






Interest account 


11,729 69 






Charges on mortgages . 


360 92 






Loans on bank books . 


1,800 00 






Cash on hand .... 


5,698 91 




$756,111 42 


$756,111 42 



Loans on Public Funds, amount on each: — 
On $10,500 United States bonds 
On $2,000 North Adams water bonds 

Loans on Bank Stock, amount on each : — 
On 25 shares Adams National Bank . 
On 5 shares Pittsfield National Bank 

Loans on Railroad Bonds, amount on each:- 
On 17 shares Boston and Albany Railroad 

Cash on Deposit in Bank : — 
Adams National Bank .... 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for 

previous year ) 2\ per cent 

Times for the dividends fixed by the by-laws: April 1 and Oct. 1. 
The total amount of loans, with each specified rate of interest 

$167,995, 6 per cent; $201,666.20, 6£ per cent; $55,950, 6| per cent; 

$83,487.03, 7 per cent; $87,651.32, 7^ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 225 • 



I 2£ per cent 
J 24 



$2,000 00 
2,000 00 



$2,500 00 
200 00 



$125 00 



$4,041 01 

$6,000 00 

7,000 00 

32,507 75 

21,600 00 

734 40 

294 18 

$44,759 51 
16,303 62 
15,038 33 ■ 



1880.] 



PUBLIC DOCUMENT — No. 8. 



247 



Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year . ... 

Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Aug. 5. 



2,663 
2,463 

154 

233 

371 

310 

938 

1,420 

8 

16 



1,657 
579 
344 



$270,142 08 
15,000 00 

178,702 52 

86,915 95 

50,844 45 

18,160 85 

16,348 92 

387,000 42 

2,520 24 

7,126 91 

1,413 82 
158,314 10 



4,260 92 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s 
" " 4£s . 

City and town bonds : - 
City of Lynn . 

of Cambridge . 

of New Bedford 
Town of North Adams 
City of Fall River . 

of Bangor, Me. 

of Portland, Me. 


• 
• 




$20,500 
5,000 

1,000 
5,000 
1,000 
1,500 
11,000 
5,000 
5,000 


120,961 25 
5,225 00 

1,120 00 
5,650 00 
1,125 00 
1,620 00 
12,070 00 
5,215 00 
5,500 00 


$20,500 00 
5,000 00 

1,120 00 
5,650 00 
1,125 00 
1,500 00 
12,070 00 
5,215 00 
5,000 00 








$55,000 


$58,486 25 


$57,180 00 



Bank Stock. 



Adams Nat'l Bank, North Adams 
Lee Nat'l Bank, Lee 
Pittsfield Nat'l Bank, Pittsfield 
First Nat'l Bank, Adams 



$24,000 
1,400 
5,000 
6,000 

$36,400 



$28,800 00 
1,750 00 
6,690 31 
7,293 86 

$44,534 17 



$28,164 27 
1,400 00 
6,690 31 
7,293 86 

$43,548 44 






248 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH AVENUE SAVINGS BANK — CAMBRIDGE. 

Incorporated March 7, 1872. Number of corporators, 33. 

Samuel F. Woodbridge, President. Treasurer, Milton L. Walton. 

Statement. 



Liabilities. 


A8SETS. 


Deposits 

Earnings undivided . 

Guaranty fund . 


$66,365 97 
318 86 
655 71 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Cash on hand .... 


$4,986 04 
6,500 00 
3,972 03 

48,445 00 

1,500 00 

1,685 08 

252 39 




$67,340 54 


$67,340 54 



Cash on Deposit in Bank : — 
Howard National Bank, Boston , 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of municipal tax on real estate 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for 1 2 per cent . ( 

previous year J 2 per cent . i 

Times for the dividends fixed by the by-laws : Jan. 10 and July 10. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$13,300, 6 per cent; $8,700, 6£ per ceut; $24,325, 7 per cent; 

$3,620, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 21 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 13 

Number and amount of withdrawals 1,549 



480 
354 

6 

24 

41 

45 

302 

193 

5 

43 



$1,685 08 

$3,972 03 

3,500 00 

59 50 

$4,067 03 
1,332 66 

1,268 12 



25,945 00 

10,876 11 

2,865 37 



5,666 76 


1,050 89 


3,522 77 


24,930 85 


350 06 


6,175 11 


3,246 65 


113,174 10 



1880.] 



PUBLIC DOCUMENT — No. 8. 



249 



Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Dec. 11. 



38 
51 



$477 79 
5,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, consols, 1901 


$5,000 


$5,112 50 


$4,986 04 


Bank Stock. 


Brighton Nat'l Bank, Boston . 


$6,000 


$6,000 00 


$6,500 00 



32 






250 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH BROOKFIELD SAVINGS BANK — NORTH BROOKFIELD. 

Incorporated March, 1854. Number of corporators, 23. 
Samuel S. Edmands, President. Treasurer, Bonum Nye. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Real estate rent . 


$290,778 15 

4,672 23 

4,246 07 

69 65 


Public funds .... 

Bank stock .... 

Railroad bonds 

Real estate by foreclosure . 

Loans on real estate 

Deposit in banks on interest . 

Expense account . 

Furniture, etc. 

Cash on hand .... 


$65,500 00 

11,400 00 

77,600 00 

823 33 

138,081 35 

4,600 91 

13 25 

187 85 

1,559 41 




$299,766 10 


$299,766 10 



Cash on Deposit in Bank : — 
First National Bank, Worcester , 



$4,600 91 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



:i 



$823 33 


600 00 


69 65 


8 80 


5,584 13 


5,325 92 


5,352 76 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5^| per cent. 
The total amount of loans, with each specified rate of interest: 

$138,081.35, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 122 

Aggregate amount of the same 105,931 35 

Number of open accounts 1,212 

Number and amount of deposits received for previous year . 686 51,378 93 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .35 17,352 40 

Number of deposits of $1,000 and upwards .... 61 
Number and amount of deposits of $200 and less . . . 156 21,865 45 
Number and amount of deposits of $100 and less . . . 163 11,621 70 
Number and amount of deposits of $50 and less . . . 460 7,462 09 
Number and amount of deposits held by women . . . 544 134,879 70 
Number and amount of deposits held by guardians ... 17 1,861 11 
Number and amount of deposits held in trust .... 26 5,748 87 
Number and amount of deposits held by charitable associa- 
tions . . 16 1,911 05 



1880.] 



PUBLIC DOCUMENT — No. 8. 



251 



Number and amount of withdrawals 474 $49,061 67 

Number of accounts opened the previous year . . . 187 

Number of accounts closed the previous year . . . . 144 

Amount of expenses of the corporation during previous year . . 915 89 

Amount of treasurer's bonds 14,000 00 

Date of examination by commissioner: June 3. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s ... 

U (t Ala 

State of Maine 6s . 

City and town bonds: — 
Town of Woburn 6s 
City of Boston 6s . 
of Springfield 6s 


$9,500 
17,000 

10,000 

12,000 
9,000 
8,000 


$10,022 50 
18,020 00 

11,000 00 

13,320 00 

10,620 00 

8,480 00 


$9,500 00 
17,000 00 

10,000 00 

12,000 00 
9,000 00 
8,000 00 




$65,500 


$71,462 50 


$65,500 00 











Bank Stock. 



Commonwealth Nat'l Bank, Boston, 
Eliot Nat'l Bank, Boston 
Ware Nat'l Bank, Ware 



$10,000 

1,000 

400 



$11,400 



$10,350 00 

1,075 00 

420 00 



$11,845 00 



$10,000 00 

1,000 00 

400 00 



$11,400 00 



Railroad Bonds. 



Boston and Albany Railroad . 
Eastern Railroad . 
Boston and Maine Railroad 
Boston and Providence Railroad 



$31,000 

25,600 

13,000 

8,000 



$77,600 



$36,965 00 

26,800 00 

15,730 00 

9,200 00 



$88,695 00 



$31,000 00 

32,000 00 

13,000 00 

800 00 



$76,800 00 






252 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH EASTON SAVINGS BANK - EASTON. 

Incorporated Feb. 8, 1864. Number of corporators, 23. 
Fred. L. Ames, President. Treasurer, P. A. Gifford. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$233,273 16 

14,389 47 

2,950 00 


Public funds .... 

Bank stock .... 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in bank 

Casb on band .... 


$20,560 00 

122,204 02 

22,966 80 

75,575 00 

3,945 19 

3,685 00 

1,676 62 




$250,612 63 


$250,612 63 



Casb on Deposit in Bank: — 
First National Bank, Easton 



Amount of real estate beld by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$3,685 00 



$22,966 80 


20,200 00 


488 32 


330 40 


$15,385 05 


4,697 67 


4,489 02 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : April 15 and Oct. 15 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5^^ per cent. 
The total amount of loans, with each specified rate of interest: 

$2,000, 6 per cent; $1,350, 6^ per cent; $48,585, 7 per cent; 

$14,140, 7£ per cent; $12,200, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 68 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits beld by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 8 1,944 



825 
371 

23 

56 
105 

94 

257 

334 

9 

63 



63,120 19 
5,141 66 

38,208 28 

10,836 02 

14,474 47 
6,634 72 
4,488 76 

90,676 56 
2,819 93 

15,845 62 



1880.] 



PUBLIC DOCUMENT — No. 8. 



253 



Number and amount of withdrawals ...'... 401 $54,937 52 

Number of accounts opened the previous year .... 83 

Number of accounts closed the previous year . . . .91 

Amount of expenses of the corporation during previous year . . 461 65 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : Oct. 14. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City bonds: — 
City of Bath, Me., 6s . 
of Bangor, Me. , 6s . 
of Springfield 7s 


$2,000 

8,000 

10,000 


$2,020 00 

8,200 00 

12,300 00 


$2,000 00 

6,960 00 

11,600 00 




$20,000 


$22,520 00 


$20,560 00 



Bank Stock. 



City Nat'l Bank, Lynn . 
Neponset Nat'l Bank, Canton 
Bristol County Nat'l Bank, Taunton 
Taunton Nat'l Bank, Taunton 
First Nat'l Bank, Easton 
Traders' Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
Tremont Nat'l Bank, Boston . 
State Nat'l Bank, Boston 
City Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Everett Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
Atlantic Nat'l Bank, Boston . 
Hamilton Nat'l Bank, Boston . 
Manufacturers' Nat'l Bank, Boston, 
Redemption Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston, 



$6,600 

7,500 

3,800 

700 

10,000 
3,600 
2,500 
2,500 
2,500 
2,500 
2,500 
2,500 
2,000 
2,500 

11,300 
5,700 
7,800 
5,000 
2,500 
2,500 
2,500 
3,800 
5,000 

$97,800 



$8,580 00 


9,600 00 


5,320 00 


910 00 


12,500 00 


3,636 00 


2,650 00 


2,900 00 


2,875 00 


2,875 00 


2,525 00 


2,975 00 


2,110 00 


3,331 25 


13,899 00 


6,042 00 


7,819 50 


5,550 00 


3,487 50 


2,750 00 


2,256 25 


4,560 00 


5,487 50 


$114,639 00 



$11,012 50 

8,100 00 

4,560 00 

920 50 

10,690 00 

3,632 75 

3,395 

3,137 

2,693 

2,765 

2,750 

2,878 

2,255 

3,450 
15,074 63 

7,786 50 
10,135 00 

6,500 00 

3,750 00 

3,450 

2,753 

4,789 

5,725 



00 
50 
75 
63 
00 
13 
00 
00 



00 
13 
00 
00 



$122,204 02 






254 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NORTH END SAVINGS BANK J - BOSTON. 

Incorporated Feb. 17, 1870. Number of corporators, 30. 
Thomas L. Jenks, President. Treasurer, George C. Trumbull,. 

Statement. 



Liabilities. 


A83ET8. 


Deposits 


$452,023 53 


Public funds .... 


$16,050 00 


Earnings, undivided . 


21,850 26 


Bank stock .... 


43,184 04 


Guaranty fund . 


4,410 00 


Railroad bonds 


20,212 50 






Real estate by foreclosure . 


88,22!) 70 






Loans on real estate 


275,304 20 






Deposit in banks on interest. 


30,504 74 






Expense account . 


1,172 03 






Suspense account 


55 37 






Loans on bank books . . 


200 00 






Vault furniture 


.2,494 40 






Cash on hand .... 


1,176 75 




$479,183 79 


$479,183 79 



- Cash on Deposit in Banks : — 
National Security Bank 
Metropolitan National Bank 



Loans on North End Savings Bank Pass Books 

Amount of real estate held by foreclosure 
Assessed value of the same . 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$30,000 00 
504 74 

$200 00 

$88,229 76 

83,353 33 

3,327 21 

1,167 87 

$32,675 76 



Whole amount of interest or profits received or earned . 

Eate and amount of semi-annual dividend for previous year (2 per 

cent for 6 months) 10,193 25 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$38,586.87, 6 per cent; $2,000, 6£ per cent; $99,215, 7 per cent; 

$7,050, 7 T \ per cent; $18,400, 7£ percent; $110,252.33, 8 percent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 102 

Aggregate amount of the same 

Amount of investment from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards .... 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding 15 per cent each six months, was issued May 10, 1878, and extended May 10, 1879, to 
pay same amount on remainder of deposit each six months. 



. 


156,439 20 


. 


12,842 48 


639 




204 


13,450 61 


8 


5,379 45 


105 




201 


29,139 18 


153 


11,089 22 



1880.] 



PUBLIC DOCUMENT — No. 8. 



255 



Number and amount of deposits of $50 and less . . . 587 
Number and amount of deposits held by women . . . 480 
Number and amount of deposits held by guardians ... 23 
Number and amount of deposits held in trust .... 301 
Number and amount of deposits held by charitable associa- 
tions . . 9 

Number and amount of withdrawals 1,434 

Number of accounts opened the previous year . . . .31 
Number of accounts closed the previous year .... 26 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Feb. 11. 



$8,185 08 

111,757 88 

8,879 13 

91,769 93 

7,242 74 
93,563 68 



4,796 00 
36,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 . 

City and town bonds: — 
City of Cambridge 6s, 1884 . 
Town of Hyde Park, Vt., 6s, 1889 . 


$6,000 

10,000 
200 


$6,315 00 

10,700 00 
180 00 


$6,750 00 

9,700 00 
200 00 




$16,200 


$17,195 00 


$16,650 00 



Bank Stock. 



City Nat'l Bank, Boston 


$6,100 


$7,015 00 


$6,759 62 


Revere Nat'l Bank, Boston 


1,900 


2,014 00 


2,515 12 


Shoe and Leather Nat'l B'k, Boston, 


2,600 


2,743 00 


3,782 00 


Tremont Nat'l Bank, Boston . 


1,600 


1,856 00 


2,100 25 


First Nat'l Bank, Chelsea 


5,000 


5,050 00 


5,767 42 


Atlas Nat'l Bank, Boston 


5,000 


5,950 00 


5,787 50 


Eagle Nat'l Bank, Boston 


7,100 


7,490 50 


8,012 75 


Traders' Nat'l Bank, Boston . 


1,500 


1,515 00 


1,696 88 


North Nat'l Bank, Boston 


5,000 


6,150 00 


6,762 50 




$35,800 


$39,783 50 


$43,184 04 



Railroad Bonds. 



Boston and Maine Railroad . 




$20,212 50 



256 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ORANGE SAVINGS BANK — ORANGE. 

Incorporated 1871. Number of corporators, 151. 
A. J. Clark, President. Treasurer, James H. Waite. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$173,854 42 

449 48 

1,600 00 



$175,903 90 



Loans on public funds . 

Bank stock 

Real estate 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Tax account . 



$400 00 
40,155 93 

2,500 00 
76,663 00 
24,260 62 

2,775 00 

29,086 05 
52 66 
20 64 



$175,903 90 



Loans on Public Funds, amount on each : 
On $400 United States bonds 



$400 00 



Cash on Deposit in Bank: — 
Orange National Bank .... 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws : February and August 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$3,564.62, 6 per cent; $101,313.62, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



>29,086 05 


$2,500 00 


1,800 00 


70 00 


33 51 


$9,339 79 


3,170 02 


3,279 12 



158 



. 


100,913 62 


871 




629 


42,081 84 


36 


18,618 76 


4 




32 


5,161 68 


53 


4,328 21 


474 


7,110 35 


134 


13,448 00 


3 


1,280 40 


7 


764 73 



1880.] 



PUBLIC DOCUMENT — No. 8. 



257 



Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Sept. 15. 



2 

493 
183 
100 



$339 00 
36,529 93 



319 50 
10,000 00 



Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Union Market Nat'l B'k, Watertown, 


$500 


$510 00 


$620 62 


First Nat'l Bank, Chelsea 


400 


440 00 


460 00 


Third Nat'l Bank, Springfield 


1,000 


1,600 00 


1,750 00 


First Nat'l Bank, Springfield . 


1,000 


1,850 00 


1,470 00 


Orange Nat'l Bank, Orange 




10,000 


10,800 00 


10,000 00 


Boylston Nat'l Bank, Boston 




500 


550 00 


758 50 


Central Nat'l Bank, Boston 




300 


300 00 


328 50 


North Nat'l Bank, Boston 




1,000 


1,300 00 


1,392 50 


Tremont Nat'l Bank, Boston 




3,000 


3,480 00 


3,720 00 


Everett Nat'l Bank, Boston 




400 


440 00 


529 00 


Manufacturers' Nat'l Bank, Boston, 


2,000 


2,000 00 


2,200 00 


Hide and Leather Nat'l B'k, Boston, 


500 


560 00 


596 25 


Webster Nat'l Bank, Boston . 


2,500 


2,700 00 


2,820 75 


Eliot Nat'l Bank, Boston 


6,500 


6,955 00 


8,093 75 


Atlas Nat'l Bank, Boston 


1,500 


1,875 00 


1,935 00 


First Ward Nat'l Bank, Boston 


2,000 


2,000 00 


1,882 06 


Eleventh Ward Nat'l Bank, Boston, 


1,400 


350 00 


290 00 


North America Nat'l Bank, Boston, 


1,100 


1,210 00 


1,309 00 






$35,600 


$38,920 00 


$40,155 93 



33 






258 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PALMER SAVINGS BANK — PALMER. 

Incorporated 1870. Number of corporators, 42. 

James B. Shaw, President. Treasurer, William A. Lincoln. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$400,087 16 


Public funds .... 


$63,700 00 


Earnings, undivided. 


4,794 73 


Loans on public funds . 


700 00 


Guaranty fund . 


2,800 00 


Bank stock .... 


20,800 00 






Loans on bank stock 


3,648 00 






Railroad bonds 


9,640 00 






Real estate by foreclosure . 


6,365 77 






Loans on real estate 


227,042 60 






Loans on personal security . 


52,830 00 






Loans to counties, cities, or 








towns 


4,750 00 






Deposit in banks on interest . 


5,000 00 






Expense account . 


'tfl\ 96 






Premiums paid 


6,606 00 






Cash on band .... 


222 56 




$407,681 89 


$407,681 89 



Loans on Public Funds, amount on each : — 
On $1,000 United States 4s . 



Loans on Bank Stock, amount on each : — 
On 5 shares Palmer National Bank .... 
On 23 shares Palmer National Bank .... 
On 7 shares John Hancock National Bank, Springfield 
On $975 Springfield Institution for Savings Bank Book 

Cash on Deposit in Bank : — 
Palmer National Bank .... 

Amount of real estate held by foreclosure. 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



) 2£ per cent 
) 2 per cent 



$700 00 

$500 00 

2,300 00 

500 00 

348 00 

$5,0.00 00 



$6,365 77 


5,000 00 


390 00 


58 13 


121,075 49 


8,004 52 


7,553 SO 



Whole amount of interest or profits received or earned 
Rate and amount of each semi-annual dividend for 

previous year 

Times for the dividends fixed by the by-laws : first Monday of Jan- 
uary and July. 
The total amount of loans, with each specified rate of interest: 
$700, 44- per cent; $10,000, 5 per cent; $4,750, 5£ per cent; 
$273,520.60, 6 per cent. 
Number of outstanding loans which are of an amount not 

-exceeding $3,000 each 224 

Aggregate amount of the same 208,320 60 

Amount of investments from which no income is received . . 500 00 

Number of open accounts 1,505 

Number and amount of deposits received for previous year, 1,093 105,869 14 



1880.] 



PUBLIC DOCUMENT — No. 8. 



259 



Number and amount of deposits of and exceeding 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 5. 

Public Funds. 



at any 

. 73 

. 117 

. 228 

. 206 

. 443 

. . 423 

2 

. 39 

associations, 16 

. 801 

. 291 

. 202 



$41,512 32 

30,997 54 

13,335 21 

8,001 47 

138,543 44 

163 36 

22,967 53 

4,769 00 

80,085 03 



1,289 13 
10,000 00 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$15,000 


$15,900 00 


$15,000 00 


" " 5s, 1881. . 


5,000 


5,125 00 


5,000 00 


" 4s, 1907 . 


11,200 


11,530 00 


11,200 00 


City and town bonds: — 








City of Boston 6s, 1894 . 


5,000 


5,900 00 


5,000 00 


of Providence, R.I., 5s, 1880 . 


5,000 


5,050 00 


5,000 00 


Town of Waltham 5s, 1882 . 


5,000 


5,075 00 


5,000 00 


City of Fall River 6s, 1895 . 


5,000 


5,550 00 


5,000 00 


of Fall River 5s, 1908 . 


3,000 


3,150 00 


3,000 00 


of Worcester 6s, 1892 


6,000 


6,900 00 


6,000 00 


of Rockland, Me., 6s, 1890 . 


2,500 


2,600 00 


2,500 00 


of Bath, Me., 6s, 1890 . 


1,000 


1,025 00 


1,000 00 




$63,700 


$67,805 00 


$63,700 00 



Bank 


Stock. 






Palmer Nat'l Bank, Palmer . 


$7,500 


$8,250 00 


$7,500 00 


Monson Nat'l Bank, Monson . 


3,300 


4,620 00 


3,300 00 


Agawam Nat'l Bank, Springfield . 


2,500 


3,000 00 


2,500 00 


Eliot Nat'l Bank, Boston 


5,000 


5,375 00 


5,000 00 


State Nat'l Bank, Boston 


2,500 


2,950 00 


2,500 00 


Suffolk Nat'l Bank, Boston . 


2,000 


2,350 00 


2,000 00 


North America Nat'l Bank, Boston, 


1,000 


1,100 00 


1,000 00 


Commerce Nat'l Bank, Boston 


2,300 


2,655 00 


3,000 00 




$26,100 


$30,300 00 


$26,800 00 



Railroad .Bonds. 



Eastern Railroad 




1,640 00 



260 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PEOPLE'S SAVINGS BANK — WORCESTER. 

Incorporated May 13, 1864. Number of corporators, 108. 
L. J. Knowles, President. Treasurer, C. M. Bent. 

Statement. 



Liabilities. 


AS8ET8. 


Deposits 


$3,051,122 37 


Public funds .... 


$285,500 00 


Earnings, undivided . 


31,313 86 


Bank stock ... 


75(5,000 00 


Guaranty fund . 


36,619 71 


Loans on bank stock 


2,000 00 






Railroad bonds 


1 .'J4.500 00 






Real estate .... 


05,000 00 






Real estate by foreclosure . 


69,106 07 






Loans on reai estate 


1,411,520 13 






Loans on personal security . 


104,247 27 






Loans to counties, cities, or 








towns 


9,700 00 






Deposit in banks on interest . 


52,357 52 






Expense account . 


1,780 OH 






Interest accrued 


43,055 98 






Premiums .... 


168,051 07 






Suspense 


2,905 56 






Casb on hand .... 


12,432 36 




$3,119,055 94 


$3,119,055 94 



Loans on Bank Stock, amount on each : — 
On 35 shares City National Bank of Worcester 

Cash on Deposit in Bank : — 
Central National Bank, Worcester 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Feb. 15 and Aug. 15 
The total amount of loans, with each specified rate of interest 

$8,700, 3| per cent; $1,000, 5 per cent; $1,409,138.40, 6 per cent; 

$108,629, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 409 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 8,860 

Number and amount of deposits received for previous year, 4,610 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . 263 

Number of deposits of $1,000 and upwards .... 994 
Number and amount of deposits of $200 and less . . , 1,239 



$2,000 00 

$62,357 52 

$65,000 00 

65,000 00 

69,105 97 

58,900 00 

670 00 

1,497 21 

$181,060 88 
( 62,313 91 
I 59,216 97 



565,010 00 
27,100 76 

332,673 80 

143,286 02 

167,194 91 



1880.] 



PUBLIC DOCUMENT — No. 8. 



261 



Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa- 



tions 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . . . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 11. 



874 


$57,664 37 


2,522 


47,526 11 


3,726 1,335,657 80 


. 30 


11,153 56 


. 418 


214,429 11 


69 


40,394 52 


6,304 


682,859 76 


879 




1,369 




. 


8,276 42 




30,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6^ 1881 . 
" 5s, 1881 . 
" " 4£s . 

City bonds: — 
City of Worcester 6s 
of Springfield 6s 


$32,500 

186,000 

65,000 

1,000 
1,000 


$34,206 25 

190,757 50 

68,737 50 

1,025 00 
1,025 00 


$32,500 00 

186,000 00 

65,000 00 

1,000 00 
1,000 00 




$285,500 


$295,751 25 


$285,500 00 



Bank Stock. 



Shawmut Nat'l Bank, Boston . 
Market Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Redemption Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Globe Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Blackstone Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Revere Nat'l 'Bank, Boston 
Continental Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston, 



$18,800 

18,700 

21,200 

23,100 

39,700 

29,600 

21,400 

3,100 

10,800 

20,000 

19,000 

35,200 

31,700 

6,400 

17,800 

10,000 

22,600 

41,300 

6,300 

3,900 

19,100 

8,700 

9,700 

41,600 



$20,915 00 


19,027 25 


25,440 00 


24,255 00 


47,640 00 


33,744 00 


23,540 00 


4,053 25 


13,770 00 


27,400 00 


23,370 00 


40,832 00 


32,651 00 


8,896 00 


18,779 00 


11,787 50 


25,538 00 


42,435 75 


6,489 00 


4,485 00 


20,246 00 


8,961 00 


11,349 00 


46,228 00 



$18,800 00 

18,700 00 

21,200 00 

23,100 00 

39,700 00 

29,600 00 

21,400 00 

3,100 00 

10,800 00 

20,000 00 

19,000 00 

35,200 00 

31,700 00 

6,400 00 

17,800 00 

10,000 00 

22,600 00 

41,300 00 

6,300 00 

3,900 00 

19,100 00 

8,700 00 

9,700 00 

41,600 00 






262 



BANK COMMISSIONERS' REPORT. 
Bank Stock — Concluded. 



[Jan. 







Estim.'iti d 






Par Value. 


Market Value. 


Amount Invested. 


Republic Nat'l Bank, Boston . 


$19,800 


$23,760 00 


$19,800 00 


Eliot Nat'l Bank, Boston 


43,200 


46,224 00 


43,200 00 


Faneuil Hall Nat'l Bank, Boston . 


5,000 


6,412 50 


5,000 00 


Shoe and Leather Nat'l B'k, Boston, 


28,000 


29,680 00 


28,000 00 


Freeman's Nat'l Bank, Boston 


16,500 


17,325 00 


16,500 00 


First Nat'l Bank, Boston 


5,000 


9,237 50 


5,000 00 


Second Nat'l Bank, Boston . 


8,100 


11,107 75 


8,100 00 


Third Nat'l Bank, Boston 


11,000 


9,350 00 


11,000 00 


Massachusetts Nat'l Bank, Boston . 


4,000 


4,320 00 


4,000 00 


Atlantic Nat'l Bank, Boston . 


10,000 


13,950 00 


10,000 00 


Old Boston Nat'l Bank, Boston 


2,200 


2,876 50 


2,200 00 


Citizens' Nat'l Bank, Worcester 


4,400 


4,664 00 


4,400 00 


City Nat'l Bank, Worcester . 


24,500 


24,500 00 


24,500 00 


Central Nat'l Bank, Worcester 


15,400 


19,866 00 


15,400 00 


Quinsigamond Nat'l B'k, Worcester, 


13,300 


14,364 00 


13,300 00 


Mechanics' Nat'l Bank, Worcester . 


13,500 


14,310 00 


13,500 00 


Worcester Nat'l Bank, Worcester . 


52,400 


60,784 00 

7 • 


52,400 00 




$756,000 


$854,613 00 


$756,000 00 


Railroad Bonds. 


Eastern Railroad 4£s 


$22,500 


$18,787 50 


$22,500 00 


Worcester and Nashua Railroad 5s . 


12,000 


9,750 00 


12,000 00 


Boston and Maine Railroad 7s 


40,000 


48,250 00 


40,000 00 


Boston and Albany Railroad 6s 


35,000 


38,850 00 


35,000 00 


Old Colony Railroad 7s . 


25,000 


29,500 00 


25,000 00 




$134,500 


$145,137 50 


$134,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



263 



PLYMOUTH FIVE CENTS SAVINGS BANK — PLYMOUTH. 

Incorporated April 6, 1855. Number of corporators, 72. 
William R. Drew, President. Treasurer, Daniel J. Bobbins. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$492,927 06 

11,962 38 

3,837 54 



,726 98 



Public funds . 
Bank stock 
Loans on bank stock 
Railroad bonds 
Peal estate 
Real estate by foreclosure 
Loans on real estate- 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Expense account . 
Bank building expense ac 

count .... 
Cash on hand . 



$131,000 00 

25,000 00 

1,300 00 

22,000 00 

2,900 00 

13,438 42 

257,152 00 

23,020 00 

1,150 00 
718 17 

215 67 
30,832 72 



$508,726 98 



Loans on Bank Stock, amount on each : — 
On 3 shares Old Colony National Bank, Plymouth 
On 7 shares Merchants' National Bank, Boston 
On 5 shares New England National Bank, Boston 

Cash on Deposit in Banks : — 
Commonwealth National Bank . 
Old Colony National Bank .... 
Plymouth National Bank .... 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for i 1\ per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws : second Tuesday of 

January and July. 
The total amount of loans, with each specified rate of interest: 

$10,000, 5 per cent; $25,075, 6 per cent; $132,715, 6£ per cent; 

$82,757, 7 per cent; $9,715, 7^ percent; 22,040, 7f per cent; 

$320, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . .303 

Aggregate amount of the same 169,447 00 

Amount of investments from which no income is received . . 609 00 



$300 00 


700 00 


300 00 


$16,532 66 


7,200 00 


5,810 00 


$2,900 00 


3,000 00 


13,438 42 


10,230 00 


347 05 


216 00 


$30,067 11 


11,922 43 


9,143 36 






264 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts . 2,214 

Number and amount of deposits received for previous year 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust .... 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 

Number of accounts closed the previous year .... 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Dec. 2. 



766 


$48,516 22 


39 


21,457 45 


130 




193 


27,954 75 


146 


10,057 34 


1,159 


13,279 83 


979 


223,613 74 


17 


4,914 08 


64 


24,827 26 


3 


144 07 


766 


64,958 76 


184 




204 




. 


2,368 21 




10,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 5s, registered . 


$10,000 


$10,250 00 


$10,000 00 


u u 4.1c n 


10,000 


10,500 00 


10,000 00 


" " 4s, coupon 


2,000 


2,040 00 


2,000 00 


State bonds : — 








State of Maine 6s . 


14,000 


15,960 00 


14,000 00 


of New Hampshire 6s 


2,000 


2,200 00 


2,000 00 


City and town bonds : — 








City of Lynn 6s ... 


1,000 


1,100 00 


1,000 00 


of Portland, Me. , 6s 




10,000 


10,600 00 


10,000 00 


of Bath, Me., 6s .. 




3,000 


3,100 00 


3,000 00 


of Cambridge 6s 




9,000 


9,820 00 


9,000 00 


Town of Northampton 6s 




10,000 


11,000 00 


10,000 00 


City of New London, Conn., 7 


s 


12,000 


13,800 00 


12,000 00 


Town of Plymouth 7s 




12,000 


13,800 00 


12,000 00 


of Plymouth 6s 




1,000 


1,060 00 


1,000 00 


City of New Bedford 7s . 




10,000 


11,800 00 


10,000 00 


Town of Natick 7s . 




1,000 


1,120 00 


1,000 00 


City of Somerville 6£s . 




5,000 


5,500 00 


5,000 00 


of Manchester, N.H., 6s 




1,000 


1,080 00 


1,000 00 


of Springfield 6 s 




5,000 


5,500 00 


5.000 00 


of Bangor, Me., 6s . 




9,000 


9,540 00 


9,000 00 


of Belfast, Me. , 6s . 




2,000 


2,080 00 


2,000 00 


of Lewiston, Me., 6s 




2,000 


2,100 00 


2,000 00 






$131,000 


$143,950 00 


$131,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



265 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Commonwealth Nat'l Bank, Boston, 


$5,000 


$5,150 00 


$5,000 00 


Metropolitan Nat'l Bank, Boston . 


1,000 


1,000 00 


1,000 00 


Atlas Nat'l Bank, Boston 


2,500 


2,800 00 


2,500 00 


Webster Nat'l Bank, Boston . 


2,500 


2,600 00 


2,500 00 


First Ward Nat'l Bank, Boston 


2,100 


1,890 00 


2,100 00 


Revere Nat'l Bank, Boston 


1,500 


1,530 00 


1,500 00 


Republic Nat'l Bank, Boston . 


1,500 


1,800 00 


1,500 00 


Merchants' Nat'l Bank, Boston 


1,000 


1,350 00 


1,000 00 


City Nat'l Bank, Boston 


1,000 


1,120 00 


1,000 00 


Commerce Nat'l Bank, Boston 


800 


900 00 


800 00 


North Nat'l Bank, Boston 


600 


720 00 


600 00 


Shoe and Leather Nat'l B'k, Boston, 


500 


525 00 


500 00 


Third Nat'l Bank, Springfield 


1,000 


1,500 00 


1,000 00 


Old Colony, Nat'l Bank, Plymouth, 


2,500 


3,125 00 


2,500 00 


Plymouth Nat'l Bank, Plymouth . 


1,500 


1,500 00 


1,500 00 




$25,000 


$27,510 00 


$25,000 00 


Railroad Bonds. 


Old Colony Railroad 6s . 


$5,000 


$5,500 00 


$5,000 00 


Cape Cod Railroad 7s 


2,000 


2,060 00 


2,000 00 


Cheshire Railroad 6s 


4,000 


4,200 00 


4,000 00 


Boston and Maine Railroad 7s 


1,000 


1,200 00 


1,000 00 


Eastern Railroad 4|s 


10,000 


8,300 00 


10,000 00 




$22,000 


$21,260 00 


$22,000 00 



34 






266 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PLYMOUTH SAYINGS BANK — PLYMOUTH. 

Incorporated 1828. Number of corporators, 49. 
Jacob H. Loud, President. Treasurer, John J. Russell. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,975,639 38 


Public funds .... 


$420,471 25 


Earnings, undivided . 


70,571 95 


Loans on public funds . 


2,000 00 


Guaranty fund . 


30,000 00 


Bank stock .... 


420,581 00 


Suspense . 


588 97 


Loans on bank stock 


8,325 (JO 






Railroad bonds 


124,280 00 






Loans on railroad stock 


14,200 00 






Real estate .... 


7,000 00 






Real estate bv foreclosure . 


61,80+ 28 






Loans on real estate 


579,070 00 






Loans on personal security . 


189,737 32 






Loans to counties, cities, or 








towns 


213,500 00 






Deposit in banks on interest . 


32,379 28 






Cash on hand .... 


3,452 17 




$2,076,800 30 


$2,076,800 30 



Loans on Public Funds, amount on each: 
On $2,000 United States 6s, 1881 



Loans on Bank Stock, amount on each: — 

On 74 shares Plymouth National Bank 

On 40 shares Old Colony National Bank 

On 4 shares Plymouth National Bank, and 7 shares Old Colony 

National Bank 



$2,000 00 

$3,700 00 
3,525 00 

1,100 00 



Loans on Railroad Stock, amount on each : — 
On 163 shares Old Colony, 50 shares Vermont and Massachusetts, 

and 25 Cheshire, preferred $14,200 00 



Cash on Deposit in Banks : — 
New England Trust Company 
Old Colony National Bank . 
Plymouth National Bank . 



Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2 per cent 

previous year ; 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest 

$25,000, 4 per cent; $189,500, 5 per cent; $100,082.32, 5* percent 

$352,858, 6 per cent; $87,230, 6^ per cent; $238,912, 7 per cent; 

$1,450. 7A per cent; $11,800. 74 p*r cent. 



$7,783 88 
11,449 31 
13,146 09 

$7,000 00 

7,000 00 

61,804 28 

94,365 00 

2,727 81 

1,307 16 

$116,726 27 
( 40,484 51 
I 39,755 65 



- - 



1880.] 



PUBLIC DOCUMENT — No. 8. 



267 



Number of outstanding loans which are of an amount not 

exceeding $3,000 each 247 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 6,171 

Number and amount of deposits received for previous year, 1,355 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year Ill 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds ...... 

Date of examination by commissioner : Dec. 2. 



376 
, 819 
, 659 
1,632 
3,237 
, 67 
. 381 

. 11 
3,184 
. 300 
. 489 



$261,250 00 
2,829 48 

120,061 34 

56,775 00 

116,628 00 

47,526 00 

32,147 00 

1,003,640 00 

18,616 99 

157,294 84 

4,358 69 

281,825 29 



6,000 00 
20,000 00 



Public Funds. 







Estimated. 






Par Value. 




Amount Invested. 


- 




Market Value. 




United States 6s, 1881 . 


$70,000 


$73,500 00 


$70,000 00 


State bonds : — 








State of Maine .... 


18,000 


20,520 00 


17,705 00 


of Rhode Island 


12,000 


13,080 00 


12,000 00 


City and town bonds : — 








City of Salem 


10,000 


11,400 00 


10,000 00 


of Cambridge . 




7,000 


7,630 00 


7,000 00 


of Hartford, Conn . 




5,000 


5,600 00 


4,662 50 


of Portland, Me. 




11,100 


12,099 00 


11,100 00 


of Meriden, Conn. . 




25,000 


28,750 00 


25,000 00 


of Newburyport 




5,000 


5,450 00 


5,000 00 


Town of Plymouth . 




11,000 


11,550 00 


11,000 00 


City of New London, Conn. 




50,000 


60,500 00 


50,000 00 


of Holyoke 




50,000 


57,500 00 


46,750 00 


of Fall River . 




60,000 


61,700 00 


57,845 00 


of Lawrence . 




30,000 


33,600 00 


28,425 00 


of New Bedford 




10,000 


11,500 00 


10,000 00 


of Lynn . 




13,000 


14,560 00 


12,983 75 


of Bangor, Me. 




6,000 


6,600 00 


6,000 00 


Town of Franklin . 




10,000 


10,500 00 


10,000 00 


of West Springfield 




25,000 


25,250 00 


25,000 00 






$428,100 


$471,289 00 


$420,471 25 



268 



BANK COMMISSIONERS' REPORT. 
Bank Stock. 



[Jan. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


State Nat'l Bank, Boston 


$13,000 


$14,820 00 


$13,000 00 


Merchants' Nat'l Bank, Boston 


22,500 


30,125 00 


22,500 00 


Plymouth Nat'l Bank, Plymouth . 


17,440 


17,440 00 


17,440 00 


Old Colony Nat'l Bank, Plymouth . 


26,200 


32,750 00 


26,200 00 


Bristol County Nat'l Bank, Taunton, 


17,100 


23,940 00 


17,100 00 


Hingham Nat'l Bank, Hingham 


4,200 


4,200 00 


4,200 00 


Market Nat'l Bank, Boston . 


12,800 


12,800 00 


10,240 00 


Traders' Nat'l Bank, Boston . 


8,000 


8,000 00 


6,000 00 


City Nat'l Bank, Boston 


8,400 


9,660 00 


8,400 00 


Suffolk Nat'l Bank, Boston . 


6,200 


7,006 00 


6,200 00 


North Nat'l Bank, Boston 


900 


1,107 00 


900 00 


Massachusetts Nat'l Bank, Boston . 


8,500 


9,180 00 


8,500 00 


Second Nat'l Bank, Boston 


27,000 


36,990 00 


27,000 00 


Tremont Nat'l Bank, Boston . 


19,500 


22,425 00 


17,745 00 


Atlantic Nat'l Bank, Boston . 


4,100 


5,699 00 


4,100 00 


Eagle Nat'l Bank, Boston 


8,000 


8,400 00 


8.000 00 


Old Boston Nat'l Bank, Boston 


5,450 


7,085 00 


5,450 00 


New England Nat'l Bank, Boston . 


8,600 


11,438 00 


8,600 00 


Boylston Nat'l Bank, Boston . 


7,000 


7,350 00 


7,000 00 


Exchange Nat'l Bank, Boston 


10,600 


14,628 00 


10,600 00 


Abington Nat'l Bank, Abington 


1,500 


1,875 00 


1,500 00 


Commerce Nat'l Bank, Boston 


10,800 


11,880 00 


9,180 00 


North America Nat'l Bank, Boston, 


12,000 


12,000 00 


10,800 00 


Railroad Nat'l Bank, Lowell . 


11,000 


12,100 00 


11,000 00 


Globe Nat'l Bank, Boston 


2,900 


2,987 00 


2,494 00 


Freeman's Nat'l Bank, Boston 


2,800 


2,940 00 


2,380 00 


Shawmut Nat'l Bank, Boston 


9,300 


10,323 00 


8,950 00 


Union Nat'l Bank, Boston 


10,000 


13,000 00 


10,000 00 


Atlas Nat'l Bank, Boston 


23,400 


27,846 00 


23,400 00 


Hamilton Nat'l Bank, Boston 


5,300 


5,830 00 


5,300 00 


Boston Nat'l Bank, Boston 


. 13,900 


14,178 00 


12,788 00 


Webster Nat'l Bank, Boston . 


11,200 


11,648 00 


10,080 00 


Blackstone Nat'l Bank, Boston 


4,800 


4,896 00 


3,712 00 


Columbian Nat'l Bank, Boston 


4,200 


5,754 00 


4,200 00 


Howard Nat'l Bank, Boston . 


5,400 


6,102 00 


5,022 00 


Revere Nat'l Bank, Boston 


12,000 


12,600 00 


10,800 00 


Republic Nat'l Bank, Boston . 


18,800 


22,560 00 


18,800 00 


Commonwealth Nat'l Bank, Boston, 


10,000 


10,200 00 


8,500 00 


Third Nat'l Bank, Springfield 


10,000 


14,000 00 


10,000 00 


Manufacturers' Nat'l Bank, Boston, 


10,000 


9,000 00 


6,500 00 


First Ward Nat'l Bank, Boston 


10,000 


7,500 00 


7,000 00 


Home Nat'l Bank, Brockton . 


10,000 


9,000 00 


9,000 00 




$444,790 


$513,262 00 


$420,581 00 



Railroad Bonds. 



Old Colony Railroad 


$20,000 


$21,800 00 


$20,000 00 


Eastern Railroad .... 


10,500 


8,820 00 


5,000 00 


Cheshire Railroad .... 


16,000 


16,000 00 


14,280 00 


Boston and Albany Railroad . 


50,000 


60,500 00 


50,000 00 


Boston and Lowell Railroad . 


25,000 


25,250 00 


25,000 00 


Boston and Maine Railroad 


10,000 


12,000 00 


10,000 00 




$131,500 


$144,370 00 


$124,280 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



269 



PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWN OF 

BOSTON — BOSTON. 

Incorporated December, 1816. Number of corporators, 138. 
James S. Amory, President. Treasurer, Charles J. Morrill. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$20,364,920 55 


Public funds .... 


$4,225,750 00 


Earnings, undivided . 


62,188 40 


Loans on public funds . 


2,220,500 00 


Guaranty fund . 


100,000 00 


Bank stock .... 


1,097,625 00 


Suspense 


10,831 81 


Loans on bank stock 


4,000 00 


Taxes and expenses 




Railroad bonds 


584,000 00 


on estates 


4,972 75 


Real estate .... 


80,000 00 






Real estate by foreclosure . 


41,939 75 






Loans on real estate 


6,542,232 00 






Loans on personal security . 


4,892,037 89 






Loans to counties, cities, or 








towns 


538,100 00 






Deposit in banks on interest . 


281,703 31 






Expense account . 


13,307 65 






Cash on hand .... 


21,717 91 




$20,542,913 51 


$20,542,913 51 



Loans on Public Funds, amount on each: — 

On $1,210,000 United States 4s $1,210,000 00 

On $750,000 United States 5s 750,000 00 

On $1,000 United States 4^s 1,000 00 

On $200,000 District Columbia 3 T 6 ^s 145,000 00 

On Boston City bonds . 114,500 00 

Loans on Bank Stock, amount on each : — 
On 30 shares Merchants' National Bank of New Bedford . . ) 
On 10 shares National Bank of Commerce of New Bedford . . ) ' 



Cash on Deposit in Banks : — 
Merchants' National Bank 
Webster National Bank 
Commerce National Bank 
Suffolk National Bank 
Atlas National Bank . 
First National Bank . 
Third National Bank . 
Exchange National Bank 
Revere National Bank 
Merchandise National Bank 



Invested in real estate (for banking purposes) 

Assessed value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$88,366 43 
14,501 84 

4,650 86 
13,093 48 
10,790 23 

1,178 49 

24,071 52 

74,790 19 

260 27 

50,000 00 

$80,000 00 

175,700 00 

41,939 75 

40,800 00 

331 91 

2,706 25 






270 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ent . J 



$976,789 83 

163 91 

369,477 16 



Whole amount of interest or profits received or earned 

Kate and amount of each semi-annual dividend for I 2 
previous year J 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 

Average annual per cent of dividends for the term ending at time 
of and including last extra dividend: 6 per cent. 

The total amount of loans, with each specified rate of interest: 
$550,000, 3 per cent; $98,300, 3j per cent; $915,000, 3| per cent; 
$500,000, 3£ per cent; $3,404,500, 4 per cent; $2,269,000, 4-J per 
cent; $3,948,150, 5 per cent; $1,263,800, 5$ per cent; $186,000, 5| 
per cent ; $2,957,457, 6 per cent ; $20,000, 6£ per cent ; $1,380,220.28, 
7 per cent; $24,642.61, 7 T 3 7 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 45 

Aggregate amount of the same 102,702 64 

Number of open accounts 51,021 

Number and amount of deposits received for previous year, 47,373 4,588,774 37 

Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . . ... 3,002 1,585,667 00 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less . 

Number and amount of deposits of $100 and less . 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 33,533 2,871,608 77 

Number of accounts opened the previous year . . . 10,807 

Number of accounts closed the previous year . . . 5,228 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Nov. 19. 



Returns will be 
made when 
completed. 



40,162 11 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, 1881 registered, . 
" " 5s, 1881 " 
" " 4£s, 1891 " 
" " 4s, 1907 " 


$1,453,000 

900,000 

1,300,000 

500,000 


•$1,531,098 75 
920,250 00 

1,376,375 00 
511,250 00 


$1,525,750 00 

900,000 00 

1,300,000 00 

500,000 00 




$4,153,000 


$4,338,973 75 


$4,225,750 00 


Bank Stock. 


Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 

■ 


$21,500 
67,500 


$29,992 50 
80,325 00 


$21,500 00 
67,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



271 



Bank Stock — Concluded. 





' Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Old Boston Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
City Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Massachusetts Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Washington Nat'l Bank, Boston 




$35,000 
42,800 
66,800 
31,500 
45,000 
31,500 
33,700 
22,500 
22,500 
52,000 
75,000 
23,900 
36,000 
30,000 
64,000 
43,900 
45,000 
50,000 
3,000 
90,000 
31,200 

100,000 
33,700 


$45,500 00 
58,850 00 
68,136 00 
36,225 00 
47,475 00 
32,523 75 
37,070 00 
24,637 50 
24,300 00 
52,520 00 

102,750 00 
31,846 75 
44,280 00 
31,800 00 
88,160 00 
50,265 50 
51,075 00 
52,750 00 
3,030 00 

104,400 00 
40,794 00 

104,250 00 
42,883 25 


$35,000 00 
42,800 00 
66,800 00 
31,500 00 
45,000 00 
31,500 00 
33,700 00 
22,500 00 
22,500 00 
52,000 00 
75,000 00 
23,900 00 
36,000 00 
30,000 00 
64,000 00 
43,900 00 
45,000 00 
50,000 00 
2,625 00 
90,000 00 
31,200 00 

100,000 00 
33,700 00 






$1,098,000 


$1,285,839 25 


$1,097,625 00 



Railroad Bonds. 



Old Colony Railroad 6s, 1896 . 

Eastern Railroad 4£s, 1906 

Boston and Albany Railroad 6s^ 1895, 



$250,000 
265,000 
100,000 



$615,000 



$275,000 00 
221,275 00 
109,000 00 



$605,275 00 



$250,000 00 
234,000 00 
100,000 00 



$584,000 00 






272 



BANK COMMISSIONERS' REPORT. 



[Jan. 



PROVIDENT INSTITUTION FOR SAVINGS IN THE TOWNS OF SALIS- 
BURY AND AMESBURY — SALISBURY. 

Incorporated 1828. Number of corporators, 16. 
S. Woodman, President. Treasurer, Alfred C. Webster. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,200,710 60 


Public funds .... 


$480,500 00 


Earnings, undivided . 


38,914 05 


Bank stock .... 


141,326 00 


Guaranty fund . 


22,556 08 


Railroad bonds 


51,500 00 






Real estate .... 


2,500 00 






Real estate bv foreclosure . 


2,783 00 






Loans on real estate 


232,200 00 






Loans on personal security . 


138,200 00 






Loans to counties, cities, or 








towns 


105,000 00 






Deposit in banks on interest . 


106,:W0 37 






Expense account . 


1,019 09 






Cash on band .... 


773 27 




$1,262,180 73 


$1,262,180 73 



Cash on Deposit in Banks : — 
Powow River National Bank, Salisbury 
Maverick National Bank, Boston 
Blackstone National Bank, Boston . 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6 T 3 ^ per cent. 
The total amount of loans, with each specified rate of interest: 

$55,000, 5 per cent; $19,400, 5£ per cent; $139,100, 6 percent; 

$24,000, 6£ per cent; $213,700, 7 per cent; $2,000, 7 T % percent; 

$21,700, 7£ per cent; $500, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 275 

Aggregate amount of the same 

Number of open accounts 3,648 

Number and amount of deposits received for previous year, 1,247 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 72 



$35,869 01 


22,314 24 


48,197 12 


$2,500 00 


5,000 00 


2,783 00 


1,200 00 


118 44 


55 20 


$76,195 04 


24,142 77 


23,829 33 



267,400 00 
96,954 00 
37,853 



1880.] 



PUBLIC DOCUMENT — No. 8. 



273 



Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year , 

Amount of treasurer's bonds 

Date of examination by commissioner : June 14. 



377 




481 


$67,198 47 


362 


25,682 76 


1,105 


20,103 38 


1,938 


631,917 49 


23 


12,590 38 


67 


31,498 03 


51 


16,578 23 


1,885 


185,677 47 


273 




356 




. 


2,170 57 




20,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881, registered . 


120,000 


$21,200 00 


$20,000 00 


" " 6s, currency, '' 


25,000 


30,000 00 


25,000 00 


State bonds: — 








State of New Hampshire 6s . 


10,000 


11,300 00 


10,000 00 


of Rhode Island 6s 


10,000 


11,500 00 


10,000 00 


of Maine 6s . 


21,000 


23,100 00 


21,000 00 


City and town bonds : — 








City of Springfield 6s 


10,000 


11,500 00 


10,000 00 


of Boston 5s, gold 








5,000 


5,000 00 


5,000 00 


of Lawrence 6s 








5,000 


5,500 00 


5,000 00 


of Fall River 6s 


* 






20,000 


22,000 00 


20,000 00 


of Fall River 5s 








10,000 


10,000 00 


10,000 00 


of Somerville 6£s 








40,000 


43,200 00 


40,000 00 


of Chelsea 6s . 








50,000 


55,000 00 


50,000 00 


of Cambridge 6s 








25,000 


28,500 00 


25,000 00 


of Charlestown 6s 








30,000 


33,000 00 


30,000 00 


of Portsmouth, N.H., 6s 






5,000 


5,500 00 


5,000 00 


of Manchester, N.H., 6s 






15,000 


16,000 00 


15,000 00 


of Augusta, Me., 6s 






10,000 


10,800 00 


10,000 00 


of Lewiston, Me., 6s 






10,000 


10,500 00 


10,000 00 


of Bangor, Me., 6s . 






45,000 


48,000 00 


45,000 00 


of Portland, Me., 6s 






40,000 


43,000 00 


40,000 00 


of Belfast, Me., 6s 






15,000 


15,000 00 


15,000 00 


of Rockland, Me., 6s 






15,000 


15,000 00 


15,000 00 


of Bath, Me.; 6s . 






15,000 


15,000 00 


15,000 00 


of Dover, N.H., 6s 








4,000 


4,200 00 


4,000 00 


Town of Hyde Park 6s 








10,000 


10,500 00 


10,000 00 


of Holyoke 6s 








5,000 


5,500 00 


5,000 00 


of Amesbury 5s 








10,500 


10,500 00 


10,500 00 










$480,500 


$520,300 00 


$480,500 00 



35 






274 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Merchants' Nat'l Bank, Boston 


$3,500 


$4,725 00 


$3,500 00 


Commerce Nat'l Bank, Boston 


3,000 


3,420 00 


3,000 00 


Suffolk Nat'l Bank, Boston 


5,700 


6,600 00 


5,700 00 


Eagle Nat'l Bank, Boston 


3,500 


3,675 00 


3,500 00 


Howard Nat'l Bank, Boston . 


4,000 


4,480 00 


4,000 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,250 00 


7,500 00 


Redemption Nat'l Bank, Boston 


5,000 


6,000 00 


5,000 00 


Globe Nat'l Bank, Boston 


2,500 


2.575 00 


2,500 00 


Atlas Nat'l Bank, Boston 


7,500 


8,775 00 


7,500 00 


Exchange Nat'l Bank, Boston 


5,000 


6,900 00 


5,000 00 


Revere Nat'l Bank, Boston 


7,500 


8,700 00 


7,500 00 


Columbian Nat'l Bank, Boston 


3,500 


4,795 00 


3,500 00 


Commonwealth Nat'l Bank, Boston, 


5,000 


5,150 00 


5,000 00 


Tremont Nat'l Bank, Boston . 


4,900 


5,586 00 


4,900 00 


State Nat'l Bank, Boston 


3,500 


4,095 00 


3,500 00 


Second Nat'l Bank, Boston 


1,800 


2,466 00 


1,800 00 


Shawmut Nat'l Bank, Boston . 


4,900 


5,439 00 


4,900 00 


First Ward Nat'l Bank, Boston 


5,000 


3,750 00 


5,000 00 


Atlantic Nat'l Bank, Boston . 


2,200 


8,058 00 


2,200 00 


New England, Nat'l Bank, Boston . 


1,500 


1,980 00 


1,500 00 


Republic Nat'l Bank, Boston . 


3,000 


3,630 00 


3,000 00 


Traders' Nat'l Bank, Boston . 


1,800 


1,800 00 


1,800 00 


City Nat'l Bank, Boston 


1,000 


1,150 00 


1,000 00 


Shoe and Leather Nat'l B'k, Boston, 


2,500 


2,650 00 


2,500 00 


Webster Nat'l Bank, Boston . 


4,000 


4,200 00 


4,000 00 


Maverick Nat'l Bank, Boston . 


2,000 


3,500 00 


2,000 00 


Eliot Nat'l Bank, Boston 


4,200 


4,494 00 


4,200 00 


First Nat'l Bank, Boston 


1,500 


2,700 00 


1,500 00 


Boylston Nat'l Bank, Boston . 


3,500 


3,675 00 


3,500 (-0 


Powow River Nat'l Bank, Salisbury, 


5,000 


7.500 00 


5,000 00 


Railroad Nat'l Bank, Lowell . 


4,200 


4,600 00 


4,200 00 


Bay State Nat'l Bank, Lawrence . 


3,375 


4,200 00 


3,375 00 


Georgetown Nat'l B'k, Georgetown, 


5,000 


5,000 00 


5,000 00 


Union Nat'l Bank, Boston 


2,500 


3,300 00 


2.500 00 


Blackstone Nat'l Bank, Boston 


6,000 


6,120 00 


6,000 00 


Faneuil Hall Nat'l Bank, Boston . 


2,600 


3,198 00 


2,600 00 


Old Boston Nat'l Bank, Boston 


2,150 


2,795 00 


2,150 00 




$141,325 


$165,000 00 


$141,325 00 



Railroad Bonds. 



Eastern Railroad 4£s 
Boston and Albany Railroad 7s 
Boston and Maine Railroad 7s 
West Amesbury Branch R.R. 7s 



$42,000 

10,000 

5,000 

5,000 



$62,000 



$34,860 00 

12,000 00 

6,0i »0 00 

5,250 00 



$58,110 00 



$31,500 00 

10.000 00 

5,000 00 

5,000 00 



$51,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



275 



QUINCY SAVINGS BANK — QUINCY. 

Incorporated 1845. Number of corporators, 45. 
Charles Marsh, President. Treasurer, George L. Gill. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,030,818 18 


Public funds .... 


$170,000 00 


Earnings, undivided . 


15,154 31 


Loans on public funds . 


500 00 


Guaranty fund . 


11,500 00 


Bank stock .... 


94,059 49 






Loans on bank stock 


4,500 00 






-Beal estate by foreclosure . 


145,250 00 






Loans on real estate 


536,224 03 






Loans on personal security . 


15,165 95 






Deposit in banks on interest . 


20,275 86 






Expense account . 


218 49 






Premium account . 


16,229 16 






Interest accrued 


40,699 90 






Taxes, insurance, etc. . 


11,013 26 






Cash on hand .... 


3,336 35 




$1,057,472 49 


$1,057,472 49 



Loans on Public Funds, amount on each: — 
On $500 United States bonds . 



Loans on Bank Stock, amount on each : — 
On 28 shares Mount Wollaston National Bank, Quincy 
On 20 shares Manufacturers' National Bank, Boston 

Cash on Deposit in Bank : — 
Granite National Bank, Quincy 



Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$500 00 



$2,600 00 
1,900 00 



$20,275 86 

$145,250 00 

135,000 00 

6,000 00 

1,673 13 



$54,167 27 
20,492 38 
19,975 05 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for \ 2 per cent . ( 

previous year ) 2 per cent . c 

Times for the dividends fixed by the by-laws : first Tuesday of April 

and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7£ per cent. 
The total amount of loans, with each specified rate of interest; 

$2,000, 4 per cent; $34,000, 5 per cent; $158,399, 6 per cent; $5,800, 

6| per cent; $277,024, 7 per cent; $42,200, 7 T % per cent; $18,866, 

7£ per cent; $18,100, 8 per cent. 
Number of outstanding loans which are of an amount; not 

exceeding $3,000 each ........ 208 

Aggregate amount of the same 256,240 00 

Amount of investments from which no income is received 

(bank stock, dividends passed) . . . . . . . 26,205 00 






276 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts 3,292 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $31)0 at any 

one time for tbe previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less . 

Number and amount of deposits of $100 and less . 

Number and amount of deposits of $50 and less 

Number and amount of deposits beld by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 



Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : March 20. 

Public Funds. 



1,002 


$100,317 82 


09 


35,873 00 


298 




370 


52,023 13 


332 


23,317 05 


818 


10,241 35 


1,430 


434,440 24 


1G 


5,431 05 


109 


90,708 83 


15 


3,208 Gl 


2,090 


170,807 89 


294 




291 




. 


3,100 40 


. 


30,000 00 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 0s, 1881 . 

" " 4s . . . . 

City bonds: — 
City of Boston 4s . 
of Lawrence 0s 


$90,000 
50,000 

25,000 
5,000 


$95,400 00 
51,000 00 

25,250 00 
5,500 00 


$90,000 00 
50,000 00 

25,000 00 
5,000 00 




$170,000 


$177,150 00 


$170,000 00 



Bank 


Stock. 






Washington Nat'l Bank, Boston 


$soo 


$1,024 00 


$844 00 


Hide and Leather Nat'l B'k, Boston, 


1,500 


1,072 50 


1,500 00 


Eliot Nat'l Bank, Boston 


1,700 


1,802 00 


1,706 20 


Exchange Nat'l Bank, Boston 


2,000 


2,825 00 


2,475 33 


Webster Nat'l Bank, Boston . 


2,000 


2,080 00 


2,000 00 


Boston Nat'l Bank, Boston 


3,300 


3,506 25 


3,338 08 


Atlas Nat'l Bank, Boston 


3,700 


4,393 75 


3,806 25 


Merchants' Nat'l Bank, Boston 


2,500 


3,402 50 


2,657 50 


State Nat'l Bank, Boston 


2,000 


3,061.50 


2,800 00 


North Nat'l Bank, Boston 


3,000 


3,750 00 


3,450 00 


Traders' Nat'l Bank, Boston . 


3,500 


3,508 75 


3,555 00 


North America Nat'l Bank, Boston, 


0,700 


7,319 75 


6,925 00 


Republic Nat'l Bank, Boston 


7,500 


9,075 00 


9,600 00 


Manufacturers' Nat'l Bank, Boston, 


25,500 


23,523 75 


20,205 00 


Revere Nat'l Bank, Boston 


1,800 


2,079 00 


1,991 75 


Granite Nat'l Bank, Qnincy . 


10,000 


12,500 00 


10.005 38 


Mount Wollaston Nat'l B'k, Qumcy, 


10,000 


12,500 00 


10,000 00 




$88,100 


$98,0S3 75 


$94,059 49 



1880.] 



PUBLIC DOCUMENT — No. 8. 



277 



RANDOLPH SAVINGS BANK — RANDOLPH. 

Incorporated 1851. Number of corporators, 65. 
J. White Belcher, President. Treasurer, Seth Turner. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 
Guaranty fund . 
Bills payable 
Randolph Nat'l Bank, 



$658,737 91 
14,207 99 

" 11,369 20 

10,000 00 

3,947 16 



$698,262 29 



Public funds . 
Bank stock 
Railroad bonds 
Loans on railroad stock 
Real estate by foreclosure 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Cash on hand . 



$101,000 00 

251,458 61 

110,000 00 

500 00 

37,602 98 

145,340 00 

14,150 00 

34,000 00 
1,210 70 



,262 29 



Loans on Railroad Stock, amount on each : — 
5 shares Old Colony Railroad 




Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6£ per cent. 
The total amount of loans, with each specified rate of interest: 

$17,300, 6 per cent; $40,300, 6£ per cent; $69,850, 7 per cent; 

$500, 7 T 3 o per cent; $24,050, 7± per cent; $13,550, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 73 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,968 

Number and amount of deposits received for previous year . 545 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 24 

Number of deposits of $1,000 and upwards .... 165 
Number and amount of deposits of $200 and less . . . 281 
Number and amount of deposits of $100 and less . . . 210 
Number and amount of deposits of $50 and less . . . 460 
Number and amount of deposits held by women . . . 954 
Number and amount of deposits held by guardians ... 19 
Number and amount of deposits held in trust .... 58 



$500 00 

$37,602 98 

29,725 00 

2,950 00 

413 85 

$38,122 66 
13,785 39 
13,286 90 



88,550 00 
15,5S8 37 

78,000 42 

10,065 00 

39,673 86 
14,917 47 

8,580 53 
328,289 86 

8,271 52 
27,377 51 






278 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by charitable associa- 
tions 15 $0,2f>9 55 

Number and amount of withdrawals 924 125,560 88 

Number of accounts opened the previous year .... 125 
Number of accounts closed the previous year . . . .216 
Amount of expenses of the corporation during previous year . . 1,530 00 

Amount of treasurer's bonds 15,000 00 

Date of examination by commissioner: Oct. 23. 



Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 
" " 4|s . 
" " 5s . 
" " 6s . . . 

State bonds : — 
State of New Hampshire 

of Maine .... 


$29,000 

5,000 

46,000 

15,000 

1,000 
5,000 


$29,652 50 

5,300 00 

47,380 00 

15,862 50 

1,150 00 
5,650 00 


$29,000 00 

5,000 00 

46,000 00 

15,000 00 

1,000 00 
5,000 00 




$101,000 


$104,995 00 


$101,000 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$9,700 


$13,483 00 


$12,562 50 


Atlas Nat'l Bank, Boston 


5,000 


6,000 00 


5,835 37 


Blackstone Nat'l Bank, Boston 


9,700 


9,942 50 


12,000 00 


Boston Nat'l Bank, Boston 


5,000 


5,112 50 


5,967 50 


Blue Hill Nat'l Bank, Boston . 


1,600 


1,496 00 


2,118 75 


Central Nat'l Bank, Boston . 


2,700 


2,700 00 


2,700 00 


City Nat'l Bank, Boston . 


5,000 


5,750 00 


5,365 00 


Commonwealth Nat'l Bank, Boston, 


6,300 


6,520 50 


6,569 75 


Continental Nat'l Bank, Boston 


5,000 


5,112 50 


5,000 00 


Commerce Nat'l Bank, Boston 


6,600 


7,516 00 


8,060 12 


Eagle Nat'l Bank, Boston 


5,000 


5,275 00 


5,336 87 


Eliot Nat'l Bank, Boston 


2,000 


2,150 00 


2,000 00 


Everett Nat'l Bank, Boston . 


10,300 


10,583 35 


11,604 75 


Exchange Nat'l Bank, Boston 


2,700 


3,739 50 


4,064 00 


Freeman's Nat'l Bank, Boston 


2,500 


2,625 00 


3,346 00 


Hamilton Nat'l Bank, Boston. 


5,000 


5,662 50 


6,762 50 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,550 0® 


5,269 88 


Howard Nat'l Bank, Boston . 


4,600 


5,244 00 


4,993 75 


Merchandise Nat'l Bank, Boston . 


2,400 


2,310 00 


2,400 00 


Manufacturers' Nat'l Bank, Boston, 


4,000 


3,700 00 


4,403 12 


Market Nat'l Bank, Boston . 


7,500 


7,575 00 


8,025 00 


Metropolitan Nat'l Bank, Boston . 


500 


500 00 


502 15 


Merchants' Nat'l Bank, Boston 


15,000 


20,362 50 


19,962 62 


New England Nat'l Bank, Boston . 


5,000 


6,800 00 


6,519 38 


North Nat'l Bank, Boston 


7.000 


8,610 00 


8,034 13 


North America Nat'l Bank, Boston, 


5,000 


5,012 50 


5,337 50 


Redemption Nat'l Bank, Boston 


15,000 


18,000 00 


19,888 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



279 



Bank Stock — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Revere Nat'l Bank, Boston 


$3,700 


$3,922 00 


$4,700 00 


Shawmut Nat'l Bank, Boston . 


3,000 


3,330 00 


3,245 25 


Shoe and Leather Nat'l B'k, Boston, 


10,500 


11,077 50 


13,795 60 


State Nat'l Bank, Boston 


4,600 


4,974 00 


4,876 00 


Third Nat'l Bank, Boston 


2,500 


2,125 00 


3,331 25 


Tremont Nat'l Bank, Boston . 


5,000 


5,806 50 


5,000 00 


Traders' Nat'l Bank, Boston . 


2,500 


2,531 25 


2,500 00 


Union Nat'l Bank, Boston 


2,500 


3,268 75 


3,681 25 


Webster Nat'l Bank, Boston . 


1,000 


1,050 00 


1,000 00 


Home Nat'l Bank, Brockton . 


5,000 


5,000 00 


5,000 00 


Central Nat'l Bank, Lynn 


9,700 


12,028 00 


13,822 50 


City Nat'l Bank, Lynn . 


3,500 


5,005 00 


5,078 12 


Union Nat'l Bank, Weymouth 


1,300 


1,339 00 


1,300 00 


Taunton Nat'l Bank, Taunton 


2,500 


3,375 00 


2,500 00 




$212,400 


$242,164 25 


$254,458 61 


Railroad Bonds. 


South Shore Railroad 


$2,500 


$2,750 00 


$2,500 00 


Old Colony Railroad 


60,000 


66,000 00 


60,000 00 


Boston and Maine Railroad . 


10,000 


12,100 00 


10,000 00 


Eastern Railroad . 


37,500 


31,500 00 


37,500 00 


« 


$110,000 


$112,350 00 


$110,000 00 



280 



BANK COMMISSIONERS' REPORT. 



[Jan. 



ROCKLAND SAVINGS BANK -ROCKLAND. 

Incorporated 18G8. Number of corporators, 48. 
Richmond J. Lane, President. Treasurer, E. R. Studley. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$316,212 44 


Public funds .... 


$22,500 00 


Earnings, undivided. 


2,371 06 


Bank stock . . 


72,368 55 


Guaranty fund . 


3,000 00 


Loans on bank stock 


2,750 00 






Real estate by foreclosure . 


12,000 00 






Loans on real estate 


185,6(33 fi2 






Loans on personal security . 


22,473 12 






Deposit in banks on interest . 


3,153 78 






Expense account . 


451 32 






Insurance .... 


94 50 






Profit and loss 


5 00 






Casb on hand .... 


123 61 




$321,583 50 


$321,583 50 



Loans on Bank Stock, amount on each: — 
On 21 shares Granite National Bank, Quincy 
On 6 shares Abington National Bank 

Cash on Deposit in Bank : — 
Abington National Bank .... 



Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



:| 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7*- per cent. 
The total amount of loans, with each specified rate of interest: 

$187,436, 6 per cent ; $23,450, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 243 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,189 

Number and amount of deposits received for previous year . 499 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 31 

Number of deposits of $1,000 and upwards .... 76 
Number and amount of deposits of $200 and less . . . 196 
Number and amount of deposits of $100 and less . . . 149 
Number and amount of deposits of $50 and less . . 351 



$2,200 00 
550 00 



$3,153 78 

$12,000 00 

10,550 00 

575 00 

131 13 

$18,397 85 
6,465 59 
6,319 60 



153,386 00 
1,850 00 

3S,486 00 

16,359 00 

27,651 00 

10,701 00 

6,483 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



281 



Number and amount of deposits held by women . . . 553 $136,502 00 
Number and amount of deposits held by guardians ... 7 5,512 00 
Number and amount of deposits held in trust .... 28 11,229 00 
Number and amount of deposits held by charitable associa- 
tions ... 6 1,016 00 

Number and amount of withdrawals 609 68,293 00 

Number of accounts opened the previous year .... 118 

Number of accounts closed the previous year .... 151 

Amount of expenses of the corporation during previous year . . 900 00 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : Oct. 18. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City bonds : — 








City of Bangor, Me. 


$3,000 


$3,150 00 


$3,000 00 


of Bath, Me 


2,500 


2,525 00 


2,500 00 


of Portland, Me. . 


5,000 


5,450 00 


5,000 00 


of Rockland, Me. . 


5,000 


5,000 00 


5,000 00 


of Middletown, Conn. 


3,000 


3,180 00 


3,000 00 


of Fall River .... 


4,000 


4,280 00 


4,000 00 




$22,500 


$23,585 00 


$22,500 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$4,000 


$5,560 00 


$5,400 25 


Continental Nat'l Bank, Boston 


6,700 


7,035 00 


7,675 00 


Eliot Nat'l Bank, Boston 


1,000 


1,090 00 


1,112 75 


Everett Nat'l Bank, Boston . 


1,500 


1,605 00 


1,831 87 


Freeman's Nat'l Bank, Boston 


2,500 


2,837 50 


3,125 00 


Manufacturers' Nat'l Bank, Boston, 


3,500 


3,360 00 


3,640 00 


Metropolitan Nat'l Bank, Boston . 


1,000 


1,000 00 


960 00 


Market Nat'l Bank, Boston . 


4,800 


4,848 00 


5,577 25 


Hide and Leather Nat'l B'k, Boston, 


4,500 


5,005 00 


4,832 50 


Howard Nat'l Bank, Boston . 


6,700 


7,571 00 


7,428 50 


State Nat'l Bank, Boston 


8,500 


10,030 00 


9,369 25 


Traders' Nat'l Bank, Boston . 


6,600 


6,732 00 


7,074 50 


Revere Nat'l Bank, Boston 


7,300 


8,395 00 


8,673 75 


Merchandise Nat'l Bank, Boston . 


3,400 


3,400 00 


3,481 33 


Webster Nat'l Bank, Boston . 


2,000 


2,080 00 


2,186 60 




$64,000 


$70,548 00 


$72,368 55 



36 






282 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SALEM FIVE CENTS SAVINGS BANK — SALEM. 

Incorporated May, 1855. Number of corporators, 148. 
John Kinsman, President. Treasurer, Charles H. Henderson. 

Statement. 



Liabilities. 


ASSBTS. 


Deposits 

Earnings, undivided, 

Guaranty fund . 


$2,000,028 05 
38,989 93 
34,000 00 


Public funds .... 
Bank stock .... 
-Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

Deposit in banks on interest . 
Cash on hand .... 


$374,200 00 

555,622 05 

78,886 96 

853,920 00 

22,900 00 

80,000 00 

101,000 00 

6,488 97 




$2,073,017 98 


$2,073,017 98 



Cash on Deposit in Banks : — 
Asiatic National Bank, Salem . 
Exchange National Bank, Salem 
Mercantile National Bank, Salem 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year > 2 per cent 

Times for the dividends fixed by the by-laws : February and Au- 
gust. 
The total amount of loans, with each specified rate of interest: 

$10,000, 3£ per cent; $10,000,4 per cent; $20,000, 5 per cent; 

$115,400, 6 per cent; $90,800, 6£ per cent; $394,410, 7 per cent; 

$336,210, 7 T 8 ¥ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 308 

Aggregate amount of the same 

Number of open accounts 7,002 

Number and amount of deposits received for previous year, 3,109 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year 186 

Number of deposits of $1,000 and upwards .... 725 
Number and amount of deposits of $200 and less . . . 850 
Number and amount of deposits of $100 and less . . . 649 
Number and amount of deposits of $50 and less . . 2,934 

Number and amount of deposits held by women . . 3,511 
Number and amount of deposits held by guardians ... 36 
Number and amount of deposits held in trust .... 307 



$81,000 00 
10,000 00 
10,000 00 

$78,886 96 

60,875 00 

6,600 00 

910 54 

$112,371 15 
j 40,280 72 
( 38,850 22 



437,340 00 

205,917 17 

99,296 98 

109,487 49 
45,921 25 
58,738 91 

974,779 20 
11,917 16 

140,875 65 






1880.] 



PUBLIC DOCUMENT — No. 8. 



283 



Number and amount of deposits held by charitable associa- 
tions 38 $23,326 14 

Number and amount of withdrawals 3,368 361,017 26 

Number of accounts opened the previous year .... 654 
Number of accounts closed the previous year .... 709 
Amount of expenses of the corporation during previous year . . 6,602 86 

Amount of treasurer's bonds 25,000 00 

Date of examination by commissioner: June 10. 

Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds, 1881 


$10,000 


$10,600 00 


$9,800 00 


U U Ala 

IgS .... 


40,000 


42,400 00 


41,400 00 


City bonds: — 








City of Portland, Me. . 


5,000 


5,150 00 


5,000 00 


of Meriden, Conn. . 




65,000 


72,120 00 


65,000 00 


of Waterbury, Conn. 




20,000 


23,400 00 


20,000 00 


of Lewiston, Me. 




30,000 


31,700 00 


30,000 00 


of Gardiner, Me. 




10,000 


10,100 00 


10,000 00 


of Portsmouth, N.H. 




3,000 


3,195 00 


3,000 00 


of Hartford, Conn. . 




10,000 


11,100 00 


10,000 00 


of Salem 




19,000 


20,490 00 


19,000 00 


of Fall River 






25,000 


27,150 00 


25,000 00 


of Lawrence 






35,000 


39,900 00 


35,000 00 


of Haverhill 






10,000 


11,900 00 


10,000 00 


of Springfield 






41,000 


49,820 00 


41,000 00 


of Somerville 






20,000 


20,900 00 


20,000 00 


of Lynn . 






20,000 


22,600 00 


20,000 00 


of Chelsea 






5,000 


5,700 00 


5,000 00 


of Fitchburg .... 


5,000 


5,700 00 


5,000 00 








$373,000 


$413,925 00 


$374,200 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Commonwealth Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Everett Nat'l Bank, Boston . 
Faneuil Hall Nat'l Bank, Boston 
First Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 



$10,000 

10,000 

15,000 

7,900 

20,000 

8,300 

15,000 

16,500 

8,500 

11,400 

10,000 

13,300 

7,300 

3,500 

2,500 

9,100 



$13,900 00 

11,800 00 

15,375 00 

7,584 00 

21,100 00 

9,545 00 

20,550 00 

18,645 00 

8,755 00 

11,628 00 

10,525 00 

14,231 00 

7,446 00 

4,305 00 

4,500 00 

9,555 00 



$11,600 00 
10,758 25 
16,000 00 

8,700 00 
24,000 00 

9,169 75 
20,271 12 
16,500 00 

9,000 00 
12,000 00 
10,900 00 
14,700 

7,300 

4,581 

2,500 



09 
00 
00 
00 



10,164 00 



284 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock — Concluded. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Globe Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Hide and Leather Nat'l B'k, Boston, 
Howard Nat'l Bank, Boston . 
Manufacturers' Nat'l Bank, Boston, 
Market Nat'l Bank, Boston . 
Massachusetts Nat'l Bank, Boston . 
Merchandise Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Mount Vernon Nat'l Bank, Boston . 
New England Nat'l Bank, Boston . 
North Nat'l Bank, Boston 
North America Nat'l Bank, Boston, 
Old Boston Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston, 
Suffolk Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Union Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Asiatic Nat'l Bank, Salem 
Exchange Nat'l Bank, Salem . 
First Nat'l Bank, Salem 
Mercantile Nat'l Bank, Salem 
Merchants' Nat'l Bank, Salem 
Naumkeag Nat'l Bank, Salem 
Salem Nat'l Bank, Salem 


$20,000 

7,000 

8,500 

9,700 

10.000 

2,200 

15,500 

6,000 

33,300 

5,000 

9,100 

20,000 

11,700 

6,350 

2,000 

20,400 

7,200 

5,700 

9,500 

7,500 

10,000 

10,000 

10,000 

4,400 

5,000 

10,530 

10,000 

900 

15,300 

8,400 

10,900 

25,900 


$20,600 00 

7,700 00 

9,435 00 

10,961 00 

9,200 00 

2,222 00 

16,430 00 

5,760 00 

45,288 00 

4,600 00 

12,012 00 

25,000 00 

12,870 00 

8,255 00 

2,500 00 

23 664 00 

9,900 00 

6,270 00 

10,070 00 

8,775 00 

9,000 00 

10,100 00 

11,600 00 

5,720 00 

5,200 00 

12,987 00 

11,000 00 

1,017 00 

16,524 00 

10,080 00 

15,369 00 

26,159 00 


$21,040 50 

7,900 00 

9,375 00 

10,894 50 

10,000 00 

2,200 00 

17,449 05 

6,000 00 

38,827 80 

5,700 00 

12,406 50 

21,621 00 

11,700 00 

8,019 00 

2,800 00 

20,400 00 

7,659 00 

6,631 50 

11,227 12 

8,197 25 

11,000 00 

10,000 00 

11,201 62 

6,109 00 

5,000 00 

10,530 00 

10,000 00 

900 00 

16,060 50 

8,769 75 

11,958 75 

25,900 00 




$506,280 


$575,712 00 


$555,622 05 



1880.] 



PUBLIC DOCUMENT — No. 8. 



285 



SALEM SAVINGS BANK — SALEM. 

Incorporated January, 1818. Number of corporators, 183. 

Peter Silver, President. Treasurer, Charles E. Symonds. 

William H. Simonds, Jun., Assistant Treasurer. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$5,850,702 30 


Public funds .... 


$2,520,800 00 


Earnings, undivided . 


17,100 34 


Loans on public funds . 


137,000 00 


Guaranty fund . 


104,500 00 


Bank stock .... 


535,300 00 






Real estate .... 


75,000 00 






-Real estate by foreclosure . 


70,500 00 






Loans on real estate 


1,036,805 50 






Loans on personal security . 


605,100 00 






Loans to counties, cities, or 








towns . . . 


804,450 00 






Deposit in banks on interest . 


164,677 81 






Cash on band .... 


22,858 42 




$5,072,401 73 


$5,072,401 73 



Loans on Public Funds, amount on each: — 
On $135,100 United States bonds 
On $2,000 city of Boston bonds 



Cash on Deposit in Banks : — 
Merchants' National Bank, Salem 
First National Bank, Boston 
Maverick National Bank, Boston 
National Exchange Bank, Boston 

Invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$135,000 00 
2,000 00 



$12,000 00 

2,677 81 

100,000 00 

50,000 00 

$75,000 00 

75,000 00 

70,500 00 

55,400 00 

3,494 52 

1,576 08 



$343,903 85 
j 114,398 31 
I 113,105 66 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$80,000, 3 per cent; $10,000, 3£ per cent; $135,000, 4 per cent; 

$461,350, 4£ per cent; $418,500, 5 per cent; $34,000, 5i per cent; 

$30,000, 5| per cent; $87,000, 5£ per cent; $475,570, 6 per cent; 

$303,507, 6£ per cent; $111,250, 7 percent; $330,878.50, 7 I 3 ir per 

cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 169 

Aggregate amount of the same 261,518 00 






280 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts 15,000 

Number and amount of deposits received for previous year, 6,088 $500,44:; 00 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 412 226,554 00 

Number of deposits of si, 000 and upwards . . . 2,181 
Number and amount of deposits of $200 and less . . 1,950 275, 400 00 
Number and amount of deposits of $100 and less . . 1,530 101,310 00 
Number and amount of deposits of $50 and less . . 3,875 71,918 00 
Number and amount of deposits held by women . . 8,057 2,975,803 00 
Number and amount of deposits held by guardians . . . 134 57,842 00 
Number and amount of deposits held in trust . . . 1,168 570,193 00 
Number and amount of deposits held by charitable associa- 
tions 110 89,479 00 

Number and amount of withdrawals .... 8,629 814,667 80 

Number of accounts opened the previous year . . . 1.221 

Number of accounts closed the previous year . . . 1,316 

Amount of expenses of the corporation during previous year . . 12,251 50 

Amount of treasurer's bonds 30,000 00 

Amount of assistant treasurer's bonds 15,000 00 

Date of examination by commissioner: Nov. 25. 



Public Funds. 



Par Value. 



United States bonds, 1881, registered, 
" " •« 1881, coupon . 

" " 4|s, registered . 

State bonds : — 
State of Maine .... 
of New Hampshire 
of Massachusetts . 



City and town bonds : — 
Town of Arlington . 
City of Bath, Me. . 
of Boston 
of Bangor, Me. 
of Burlington, Vt. . 
of Cambridge . 
of Charlestown 
of Chelsea 
Town of Everett 
City of Fall River . 
Town of Holyoke . 
of Hyde Park 
City of Lynn . 
of Lowell 
of Lawrence . 
Town of Marblehead 
of Milford 
of Maiden 



Estimated 
Market Value. 



Amount Invested. 



$375,000 
100,000 
250,000 
270,000 



10,000 
1,000 
5,000 



10,000 
10,000 

184,800 
20,000 
40,000 
15,000 
50,000 
17,000 
2,000 

110,000 
65,000 
50,000 
70,000 
50,000 
86,000 
22,000 
15,000 
50,000 



$382,500 00 


103,250 00 


264,063 00 


275,737 00 


10,450 00 


1,070 00 


5,175 00 


11,100 00 


10,000 00 


193,512 00 


20,200 00 


43,200 00 


16,350 00 


57,000 00 


18,780 00 


2,220 00 


114,800 00 


74,750 00 


52,500 00 


75,825 00 


55,500 00 


92,6S2 00 


24,420 00 


16,350 00 


55,500 00 



$399,000 00 
117,000 00 
265,000 00 
270,000 00 



10,000 00 
1,000 00 
5,000 00 



10,000 00 
10,000 00 

184,800 00 
20,000 00 
40,000 00 
15,000 00 
50,000 00 
17,000 00 
2,000 00 

110,000 00 
65,000 00 
50,000 00 
70,000 00 
50,000 00 
86,000 00 
22,000 00 
15,000 00 
50,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



287 



Public Funds — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


City of Manchester N.H. 


$100,000 


$111,000 00 


$100,000 00 


of New Bedford 


30,000 


30,560 00 


30,000 00 


of Providence, R.I. 


200,000 


217,000 00 


200,000 00 


Town of Roxbury .... 


22,000 


22,220 00 


22,000 00 


City of Salem .... 


115,000 


127,700 00 


115,000 00 


of Somerville .... 


85,000 


89,850 00 


85,000 00 


Town of Winchester 


35,000 


38,850 00 


35,000 00 




$2,464,800 


$2,614,114 00 


$2,520,800 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston 
Merchandise Nat'l Bank, Boston 
Merchants' Nat'l Bank, Boston 
North Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Republic Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmnt Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston 
Asiatic Nat'l Bank, Salem 
Exchange Nat'l Bank, Salem 
First Nat'l Bank, Salem . 
Mercantile Natl Bank, Salem 
Merchants' Nat'l Bank, Salem 
Naumkeag Nat'l Bank, Salem 
Salem Nat'l Bank, Salem 
Home Nat'l Bank, Brockton . 
Beverly Nat'l Bank, Beverly . 
Marblehead Nat'l Bank, Marblehead, 
Grand Nat'l Bank, Marblehead 



$10,000 

1,000 

7,300 

2,500 

20,500 

28,000 

50,200 

11,400 

12,000 

12,400 

58,300 

27,400 

12,500 

16,500 

49,800 

17,300 

7,500 

10,000 

20,000 

15,330 

8,500 

8,100 

500 

49,150 

7,300 

7,500 

10,000 

700 

1,700 

4,500 



$487,880 



$13,950 00 

1,190 00 

7,500 00 

2,643 00 
23,575 00 
38,500 00 
55,345 00 
11,970 00 
13,200 00 
11,904 00 
79,871 00 
33,702 
15.000 
20,089 
52,788 
23,831 

8,325 
11,337 
23,200 
18,651 

9,350 

8,961 

536 

58,980 00 

10,494 00 

7,500 00 

8,000 
805 

2,200 

4,815 



00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 
00 



00 
00 
00 
00 



$578,212 00 



$10,000 00 

1,100 00 

8,700 00 

3,000 00 

22,400 00 

28,000 00 

50,200 00 

12,500 00 

14,550 00 

12,400 00 

77,300 00 

28,400 00 

17,500 00 

21,600 00 

50,300 00 

18,100 00 

9,000 00 

12,100 00 

20,000 00 

16,110 00 

8,900 00 

8,840 00 

500 00 

49,150 00 

9,650 00 

7,600 00 

10,000 00 

700 00 

1,700 00 

5,000 00 



$535,300 00 






288 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SCITUATE SAVINGS BANK i — SCITUATE. 

Incorporated May 31, 1851. Number of corporators, 7G. 

Horatio G. Reed, President. Treasurer, Chaules A. Cole. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$125,585 07 
3,320 75 
1,065 91 



$129,971 73 



Bank stock 

Real estate by foreclosure 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Interest account 
Cash on hand . 



$6,100 00 

46,839 24 

57,855 50 

6,532 83 

7,070 00 

2,256 44 
293 20 

2,874 28 
150 24 



$129,971 73 



Cash on Deposit in Bank : — 
Boston National Bank 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: March and Sep- 
tember. 

The total amount of loans, with each specified rate of interest: 
$500, 5 per cent; $6,570, 6 per cent; $58,208.85, 7 per cent; 
$812, 7 t 3 q per cent; $1,372.50, 7£ percent; $3,995, 8 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 99 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 372 

Number and amount of deposits received for previous year . 25 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards . . . . 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held in trust .... 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 



$2,256 44 

$46,839 24 

34,100 00 

1,258 90 

513 55 

$4,570 04 



55,8S8 
365 



33 
00 



2,775 07 



3 


1,964 07 


38 




32 


4,432 76 


27 


1,955 64 


76 


1,456 14 


83 


36.656 23 


20 


8,433 01 


1 


5,724 00 


145 


11,203 91 



1 Temporarily enjoined by decree of Supreme Judicial Court June 20, 1879. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



289 



Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: May 14. 



10 
17 



$293 20 
10,000 00 



Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Plymouth Nat'l Bank, Plymouth . 
State Nat'l Bank, Boston 
Hingham Nat'l Bank, Hingham 


$2,000 
1,000 

400 
1,000 

500 
1,200 


$2,130 00 
1,037 50 

504 00 
1,200 00 

590 00 
1,200 00 


$2,000 00 
1,008 00 

400 00 
1,000 00 

550 00 
1,312 00 




$6,100 


$6,661 50 


$6,270 00 



37 






290 



BANK COMMISSIONERS' REPORT. [Jan. 



SEAMEN'S SAVINGS BANK i— PROVINCETOWN. 

Incorporated April 14, 1851. Number of corporators, 88. 

Ltsander N. Paine, President. Treasurer, Joseph H. Dyer. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$357,445 85 

14,777 89 

3,710 73 


Bank stock .... 
Loans on bank stock 
Railroad bonds 
Real estate .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

towns 

Deposit in banks on interest, 

Furniture and safes 

Cash on hand .... 


$110,556 20 
1,335 00 
2,000 00 
1,330 29 

89.754 90 

35.755 75 
45,452 77 

80,000 00 
3,380 16 
2,623 49 
3,745 91 




$375,934 47 


$375,934 47 



Loans on Bank Stock, amount on each : — 
On 8 shares Freeman's National Bank, Boston. 
On 2 shares Shawmut National Bank, Boston . 
On 6 shares First National Bank, Provincetown 

Cash on Deposit in Banks : — 
First National Bank of Provincetown 
Freeman's National Bank of Boston . 



$1,000 00 


335 00 


$132 99 


3,380 16 


$1,330 29 


1,000 00 


89,754 90 


85,015 00 


2,257 25 


1,283 90 


$22,477 13 



Amount invested in real estate (for banking purposes] 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for previous year: 

no dividend declared. 
Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$9,000, 6 per cent; $36,700, 6£ per cent; $87,603.75, 7 per cent; 

$2,769.77, 7£ per cent; $6,100, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 66 

Aggregate amount of the same 57,173 52 

Amount of investments from which no income is received . . 45,601 58 
Number of open accounts 1,989 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding twenty per cent each six months, was issued April 19, 1878, and the order extended 
April 18, 1879, to pay fifteen per cent of the remainder of deposit each six months. 



1880.] 



PUBLIC DOCUMENT — No. 8 



Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 



Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Aug. 2. 

Bank Stock. 



291 



15 $1,598 00 



2 

45 
250 
238 
913 
826 
12 
170 

22 

2,274 
3 
14 



1,293 53 

35,484 00 
16,457 92 
13,619 08 
135,272 78 
4,523 50 
37,863 25 

3,881 90 
149,501 07 



2,303 05 
20,000 00 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Blue Hill Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Central Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Eleventh Ward Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Everett Nat'l Bank, Boston . 
First Nat'l Bank, Provincetown 
Freeman's Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Home Nat'l Bank, Brockton . 
Howard Nat'l Bank, Boston . 
Manufacturers' Nat'l Bank, Boston, 
Market Nat'l Bank, Boston . 
Mount Vernon Nat'l Bank, Boston, 
North America Nat'l Bank, Boston, 
Revere Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Old Boston Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 



$2,500 
2,000 
1,000 
7,600 
5,000 
1,000 
2,500 
1,300 
5,000 
5,000 
5,400 
8,000 
2,500 
500 
1,500 
2,500 
1,000 
5,000 
1,300 
7,900 
5,000 
2,000 
1,700 

10,100 
3,000 
4,500 
1,000 



$3,000 00 
2,050 00 

935 
7,771 
5,000 
1,127 
2,575 

195 
5,356 
5,137 
7,290 
8,400 
2,587 

50O00 
1,695 00 
2,312 
1,010 
4,600 
1,303 
8,374 
6,050 00 
2,610 00 
2,346 
11,968 
3,450 
5,225 
1,050 



00 
00 
00 
50 
00 
00 
25 
50 
00 
00 
50 



50 
00 
00 
25 
00 



00 
50 
00 
62 
00 



$95,800 



$103,919 62 



$3,175 00 

2,500 00 

1,000 

7,600 

5,432 

1,000 

3,131 

1,731 

6,000 00 

6,575 00 

6,820 00 

8,000 00 

3,562 
540 

1,500 

2,871 

1,190 

6,250 00 

1,490 88 

8,693 

5,541 

3,300 

1,700 
10,100 00 

4,187 50 

5,473 42 

1,190 00 



00 
00 
50 
00 
25 
58 



50 
00 
00 
88 
00 



02 
67 
00 
00 



$110,556 20 



Railroad Bonds. 



Cheshire Railroad 6s, 1880 



$2,000 



$2,000 00 



$2,000 00 






292 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SHELBURNE FALLS SAVINGS BANK - SHELBURNE FALLS. 

Incorporated 1855. Number of corporators, 88. 

F. A. Ball, President. Treasurer, A. K. Hawks. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$649,700 37 

21,003 21 

8,500 00 



$679,293 58 



Public funds . 

Loans on public funds . 

Bank stock 

Loans on bank stock 

Real estate 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

•towns .... 
Deposit in banks . 
Cash on hand 



$128,000 00 

1,000 00 

58,800 00 

7,000 00 

4,000 00 

4,550 00 

374,575 22 

83,169 45 

7,500 00 

10,576 80 

122 11 



$679,293 58 



Loan on Public Funds, amount on each : — 
On $1,000 United States 4s. 



Loans on Bank Stock, amount on each: — 
On 18 shares Shelburne Falls National Bank 
On 50 shares Conway National Bank . 



Cash on Deposit in Bank : — 
Shelburne Falls National Bank 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$1,000 00 



$2,000 00 
5,000 00 



$10,576 80 

$4,000 00 

4,000 00 

4,550 00 

4,550 00 

57 50 

108 30 



$46,661 63 
15,517 62 
12,520 44 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws : April 10 and Oct. 10 
The total amount of loans, with each specified rate of interest 

$473,244.67, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 411 

Aggregate amount of the same 320,194 67 

Number of open accounts 2,744 

Number and amount of deposits received for previous year . 812 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year ...... 85 

Number of deposits of $1,000 and upwards .... 214 



95,668 49 
48,560 55 



1880.] 



PUBLIC DOCUMENT — No. 8. 



293 



Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year , 

Amount of treasurer's bonds 

Date of examination by commissioner: Aug. 7. 



249 


$34,168 73 


243 


16,728 66 


1,410 


17,706 24 


1,349 


291,799 06 


16 


8,296 57 


15 


7,785 29 


20 


2,110 29 


1,164 


119,424 70 


321 




369 




. 


1,640 00 




20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s, registered . 

" " 5s, " 

City and town bonds: — 
Town of Newfane 6s 
City of Fall River 6s, registered 


$50,000 
40,000 
20,000 

8,000 
10,000 


$51,000 00 
42,000 00 
20,400 00 

8,000 00 
10,600 00 


$50,000 00 
40,000 00 
20,000 00 

•8,000 00 
10,000 00 


- 


$128,000 


$132,000 00 


$128,000 00 



Bank Stock. 



Shelburne Falls Nat'l Bank, Shel- 
burne Falls . . . . . 
First Nat'l Bank, Northampton 
Conway Nat'l Bank, Conway . 
Adams Nat'l Bank, North Adams . 



$29,900 

17,000 

6,900 

5,000 



$58,800 



$37,300 00 

20,400 00 

7,500 00 

5,800 00 



$71,000 00 



$29,900 00 

17,000 00 

6,900 00 

5,000 00 



$58,800 00 






294 



BANK COMMISSIONERS* REPORT. 



[Jan. 



SOUTH ADAMS SAVINGS BANKS — ADAMS. 

Incorporated 1869. Number of corporators, 24. 

Henry J. Bliss, President. Treasurer, Harvey H. Wellington. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$346,727 68 


Public funds .... 


$32,000 00 


Earnings, undivided . 


6,453 10 


Bank stock . 


34,750 00 


Guaranty fund . 


4,200 00 


Real estate by foreclosure . 


11,000 00 






Loans on real estate 


158,04") 00 






Loans on personal security . 


112,225 00 






Deposit in banks on interest . 


4,669 28 






Expense account . 


a57 82 






Premium account . 


4,000 00 






Tax account .... 


101 86 






Insurance account . 


21 25 






Cash on hand .... 


210 57 




$357,380 78 


$357,380 78 



Cash on Deposit in Bank : — 
First National Bank of Adams 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2\ per cent 

previous year ) 2£ per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest : 
$66,000, 6 per cent; $24,800, 61 per cent; $172,245, 7 per cent; 
$5,200, 7 T % per cent; $22,025, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 103 

Aggregate amount of the same 

Number of open accounts 1,037 

Number and amount of deposits received for previous year, 2,760 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 44 

105 
145 
115 
280 
532 
10 
27 



$4,669 28 


$11,000 00 


7,000 00 


700 00 


62 00 


$21,721 48 


7,460 11 


8,012 27 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . . 



76,020 00 

76,084 56 

27,922 05 

20,904 46 

8,442 17 

6,313 68 

158,617 39 

5,302 11 

17,969 82 



1880.] 



PUBLIC DOCUMENT — No. 8. 



295 



Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : Aug. 26. 



12 


$4,166 00 


508 


45,172 80 


140 




78 




. 


1,638 54 




50,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s 

Town bonds : — 
Town of Adams . 


$12,000 
20,000 


$12,240 00 
22,000 00 


$12,000 00 
20,000 00 




$32,000 


$34,240 00 


$32,000 00 



Bank Stock. 



First Nat'l Bank, Adams 
Adams Nat'l Bank, North Adams . 
Berkshire Nat'l Bank, No. Adams . 
Lee Nat'l Bank, Lee 



$27,200 
2,300 
3,500 
1,750 

$34,750 



$33,184 00 
2,750 00 
3,675 00 
2,000 00 

$41,609 00 



$31,200 00 
2,300 00 
3,500 00 
1,750 00 

$38,750 00 






296 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SOUTHBRIDGE SAVINGS BANK — SOUTHBRIDGE. 

Incorporated April 20, 1848. Number of corporators, 90. 

John P. Stedman, President. Treasurer, S. M. Lane. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$921,684 31 


Public funds .... 


$454,000 00 


Earnings, undivided . 


22,404 64 


Loans on public funds . 


26,000 00 


Guaranty fund . 


7,000 00 


Bank stock .... 


42,0<K) 00 


Columbian property, 1 


8,471 17 


Loans on bank stock 


1,500 00 






Railroad bonds 


50,000 00 






Loans on real estate 


227,500 00 






Loans on personal security . 


53,400 00 






Loans to counties, cities, or 








towns 


13,500 00 






Deposit in banks on interest, 


80,000 00 






Expense account . 


205 96 






Steel safe .... 


1,500 00 






Premium .... 


7,850 00 






Casb on hand .... 


2,014 16 




$959,560 12 


$959,560 12 



Loans on Public Funds, amount on each: — 
On United States bonds, par value $26,000 .... 

Loans on Bank Stock, amount on each : — 

On 10 shares Southbridge National Bank 

On 6 shares Blackstone National Bank, Boston 

Cash on deposit in Bank: — 
Southbridge National Bank, Southbridge 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for \ 2 per cent . \ 

previous year ) 2 per cent . ( 

Times for the dividends fixed by the by-laws : first Wednesday of 

January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6 per cent. 
The total amount of loans, with each specified rate of interest: 

$33,500, 4 per cent; $25,000, 5 per cent; $44,800, 6 per cent; 

$70,000, 6£ per cent; $148,600, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 125 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 2,578 

Number and amount of deposits received for previous year, 1,329 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 76 

1 Balance resulting from the sale of the Columbian Mills, subject to order 
payment to parties legally entitled to it. 



. $26,000 00 

$900 00 
600 00 

. $80,000 00 



$52,548 72 
17,412 55 
17,471 67 



123,200 00 
1,500 00 

102,340 74 

30,400 23 
of court for 



1880.] 



PUBLIC DOCUMENT — No. 8. 



297 



Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



Number and amount of withdrawals 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : May 14. 



326 

375 

254 

710 

1,296 

18 

30 

6 

1,108 

336 

259 



$42,901 89 
13,276 54 
14,542 45 

444,629 47 

7,267 02 

12,382 57 

1,964 74 
125,996 96 



1,991 26 
50,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 4s, 1907 . 


$30,000 


$30,637 00 


$30,000 00 


" " 4£s, 1891 . 


135,000 . 


142,594 00 


138,450 00 


" " 5s, 1881 . 


30,000 


30,600 00 


30.600 00 


" " 6s, 1881 . 


20,000 


21,250 00 


20,000 00 


City and town bonds : — 








City of Newton 6s / 


5,000 


5,750 00 


5,050 00 


of Salem 5s 




10,000 


10,400 00 


10,000 00 


of Somerville 6^s 




15,000 


17,250 00 


15,000 00 


of Waterbury, Conn., 7s 




10,000 


11,600 00 


10,000 00 


of Lynn 6s 




8,000 


9.120 00 


8,550 00 


of Cambridge 6s 




10,000 


11,700 00 


10,400 00 


of Springfield 7s 




10,000 


11,800 00 


10,000 00 


of Springfield 6s 




5,000 


5,500 00 


5,000 00 


of New Bedford 6s . 




5,000 


5,700 00 


5,000 00 


of New Bedford 5s . 




10,000 


10,400 00 


10,000 00 


of Lawrence 6s 




10,000 


11,400 00 


10,000 00 


of Holy ok e 6s . 




20,000 


22,400 00 


20,000 00 


of Chelsea 6s . 




12,000 


13,800 00 


12,700 00 


of Portland, Me., 6s 




9,000 


9,900 00 


9,000 00 


of Fall River 6s 




15,000 


17,100 00 


15,000 00 


Town of Maiden 6s 




20,000 


22,800 00 


20,000 00 


of Arlington 6s 




10,000 


11,500 00 


10,700 00 


of Brookline 7s 




20,000 


24,200 00 


20,000 00 


of Fitchburg 6s 




5,000 


5,700 00 


5,350 00 


of Woburn 6s 




10,000 


11,400 00 


10,000 00 


of Northampton 6s 




20,000 


22,400 00 


20,000 00 






$454,000 


$496,901 00 


$460,800 00 



38 






298 BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Blackstone Nat'l Bank, Boston 
Boylston Nat'l Bank, Boston . 
City Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Freeman's Nat'l Bank, Boston 
New England Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Washington Nat'l Bank, Boston 
Southbridge Nat'l B'k, Southbridge 


t 


$4,000 

1,800 

1,200 

500 

10,000 
2,200 
2,500 
2,000 

13,800 


$4,140 00 

1,903 00 

1,353 00 

687 00 

10,500 00 
2,931 00 
2,650 00 
2,562 00 

17,940 00 


$4,000 00 

1,800 00 

1,200 00 

500 00 

13,400 00 
2,200 00 
2,500 00 
2,000 00 

14,490 00 






$38,000 


$44,666 00 


$42,090 00 



Railroad Bonds. 


• 




Boston and Albany Railroad 7s 
Boston and Lowell Railroad 7s 
Boston and Maine Railroad 7s 
Old Colony Railroad 7s . 


$10,000 
20,000 
10,000 
10,000 


$12,100 00 
22,800 00 
12,000 00 
11,600 00 


$10,150 00 
20,400 00 
10,000 00 
10,500 00 


• 


$50,000 


$58,500 00 


$51,050 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



299 



SOUTH BOSTON SAVINGS BANK 1 — SOUTH BOSTON. 

Incorporated 1863. Number of corporators, 58. 
George E. Alden, President. Treasurer, George W. Ellis. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$1,193,876 94 
53,301 53 
15,000 00 


Public funds .... 

Bank stock . 

Loans on bank books . 

Railroad bonds 

Real estate .... 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Deposit in banks on interest . 

Furniture and fixtures . 

Charges on mortgages . 

Cash on hand .... 


$260,805 75 

76,200 00 

4,200 00 

17,717 50 

72,982 54 

196,476 98 

558,512 50 

17,050 00 

51,326 54 

1,000 00 

1,997 55 

3,909 11 




$1,262,178 47 


$1,262,178 47 



Cash on Deposit in Bank : — 
Maverick National Bank . 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$51,326 54 



$72,982 54 

72,982 54 

196,476 98 

179,500 00 

8,832 85 

2,977 50 

$73,140 54 



Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending April 17, 

1878 (time of last extra dividend) : 4|- per cent. ' 
The total amount of loans, with each specified rate of interest : 

$171,850, 6 per cent; $87,700, 6£ per cent; $230,237.50, 7 per cent; 

$45,700, 7£ per cent; $44,275, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 164 

Aggregate amount of the same 229,975 00 

Amount of investments from which no income is received . . 9,000 00 

Number of open accounts 

Number and amount of deposits received for previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less . 
Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less 
.Number and amount of deposits held by women 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued April 9, 1878, and the order extended April 7, 
1879, to pay twelve and a half per cent of the remainder of deposits each six months. 



8,881 




183 


3,548 51 


87 




873 


123,795 78 


869 


42,698 82 


5,276 


49,657 51 


3,471 


481,350 48 






300 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by guardians ... 28 
Number and amount of deposits held in trust . . . 1,948 
Number and amount of deposits held by charitable associa- 
tions 26 

Number and amount of withdrawals 5,409 

Number of accounts opened the previous year .... 40 

Number of accounts closed the previous year .... 15 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds . . . . . . . 40,000 00 

Date of examination by commissioner: Feb. 11. 



$11,231 60 
268,853 23 

10,503 00 
228,339 37 



6,313 19 







Publ- 


ic 


Funds. 










Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 


$118,500 


$123,113 12 


$118,500 00 


City and town bonds : — 








City of Bangor, Me. 


8,000 


8,400 00 


7,320 00 


of Bath, Me. . 






20,500 


2\500 00 


20,185 00 


of Rockland, Me. 






7,000 


7,000 00 


6,577 50 


of New London, Conn. 






10,000 


12,500 00 


10,500 00 


of Norwich, Conn., 7s 






6,000 


7,080 00 


6,240 00 


of Norwich, Conn., 5s 






24,000 


24,720 00 


24,690 00 


of Chelsea 






7,000 


7,700 00 


6,860 00 


of Portland, Me. . 








15,000 


15,300 00 


13,775 00 


of Somerville . 








10,000 


10,650 00 


10,000 00 


of Belfast, Me. 








4,000 


4,320 00 


3,990 00 


of Fall River . 








10,000 


10,900 00 


10,837 50 


Town of Everett 








1,000 


1,090 00 


980 75 


of Brockton . 








20,000 


20,200 00 


20,350 00 










$261,000 


$273,473 12 


$260,805 75 



Bank Stock. 



Atlas Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Massachusetts Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Traders' Nat'l Bank, Boston . 
Tremont Nat'l Bank, Boston . 
Webster Nat'l Bank, Boston . 



$11,100 
7,500 
6,000 

10,000 
6,000 
4,500 
5,000 
2,600 

15,000 
8,500 



$76,200 



$13,264 50 

8,268 75 

8,250 00 

10,500 00 

6,240 00 

4.860 00 
5,750 00 
2,632 50 

17,400 00 

8.861 25 



,027 00 



$11,100 00 
7,500 00 
6,000 00 

10,000 00 
6,000 00 
4,500 00 
5,000 00 
2,600 00 

15,000 00 
8,500 00 



$76,200 00 



Railroad Bonds. 



New Bedford Railroad 
Cape Cod Railroad . 
Eastern Railroad 



$1,000 

16,000 

1,000 

$18,000 



$1,170 00 

16,400 00 

830 00 

$18,400 00 



$1,057 50 

16,210 00 

450 00 

$17,717 50 



1880.] 



PUBLIC DOCUMENT — No. 8. 



301 



SOUTH SCITUATB SAYINGS BANK — SOUTH SCITUATE. 

Incorporated April 2, 1834. Number of corporators, 65. 

Perez Simmons, President. Treasurer, Ebenezer T. Fogg. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$407,527 42 
6,055 45 
3,286 00 



$416,868 87 



Bank stock 
Loans on bank stock 
•Real estate by foreclosure 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Cash on hand ... 



$57,500 00 
100 00 

40,825 00 
264,989 11 

27,619 75 

23,087 00 

2,398 51 

349 50 



$416,868 87 



Loans on Bank Stock, amount on each : — 
On 3 shares Hingham National Bank 

Cash on Deposit in Banks : — 
New England Trust Company . 
Manufacturers' National Bank . 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . - . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: last Saturday of 

February and August. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 71 per cent. 
The total amount of loans, with each specified rate of interest: 

$8,300, 5 per cent; $62,271.89, 6 per cent; $232,471.97, 7 per cent; 

$12,752, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .244 

Aggregate amount of the same . . 

Amount of investments from which no income is received 

Number of open accounts 1,120 

Number and amount of deposits received for previous year . 162 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 13 

Number of deposits of $1,000 and upwards . . . .118 
Number and amount of deposits of $200 and less . . .134 
Number and amount of deposits of $100 and less . . .101 
Number and amount of deposits of $50 and less . . .291 



$100 00 



$1,589 58 
808 93 

$40,825 00 

38,750 00 

1,225 00 

394 12 

$18,028 15 
8,560 18 
8,367 68 



219,683 97 
6,333 00 

15,274 10 

5,184 00 

18,388 00 

•7,290 26 

5,947 00 






302 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust .... 
Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: May 12. 



462 $159,792 00 


10 


2,685 00 


43 


25,938 00 


10 


3,135 00 


526 


53,537 66 


59 




90 




. 


1,150 00 




10,0.00 00 



Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Atlantic Nat'l Bank, Boston . 


$1,000 


$1,400 00 


$1,000 00 


City Nat'l Bank, Boston . 




2,300 


2,645 00 


2,300 00 


Eliot Nat'l Bank, Boston 




800 


840 00 


800 00 


Eagle Nat'l Bank, Boston 




2,300 


2,438 00 


2,300 00 


Fourth Nat'l Bank, Boston 




4,000 


3,600 00 


4,000 00 


Globe Nat'l Bank, Boston 




300 


312 00 


300 00 


Howard Nat'l Bank, Boston 




1,400 


1,596 00 


1,400 00 


Hamilton Nat'l Bank, Boston 


1,500 


1,650 00 


1,500 00 


Columbian Nat'l Bank, Boston 


3,200 


5,046 00 


3,200 00 


Hingham Nat'l Bank, Hingham 


1,960 


2,044 00 


2,800 00 


Merchants' Nat'l Bank, Boston 


1,500 


2,055 00 


1,500 00 


Massachusetts Nat'l Bank, Boston . 


500 


540 00 


500 00 


New England Nat'l Bank, Boston . 


1,000 


1,333 50 


1,000 00 


North Nat'l Bank, Boston 


4,500 


5,670- 00 


4,500 00 


Shawmut Nat'l Bank, Boston . 


1,300 


1,443 00 


1,300 00 


Second Nat'l Bank, Boston 


1,700 


2,346 00 


1,700 00 


Commerce Nat'l Bank, Boston 


3,000 


3,300 00 


4,000 00 


Traders' Nat'l Bank, Boston . 


2,800 


2,828 00 


2,800 00 


Union Market Nat'l B'k, Watertown, 


2,000 


2,080 00 


2,400 00 


Union Nat'l Bank, Weymouth 


4,300 


4,386 00 


4,300 00 


Union Nat'l Bank, Boston 


1,000 


1,320 00 


1,000 00 


Webster Nat'l Bank, Boston . 


2,000 


2,100 00 


2,000 00 


Revere Nat'l Bank, Boston 


4,800 


5,058 00 


4,800 00 


Washington Nat'l Bank, Boston 


1,600 


2,048 00 


1,600 00 


Merchandise Nat'l Bank, Boston . 


1,000 


960 00 


1,000 00 


Eleventh Ward Nat'l Bank, Boston, 


2,600 


1,000 00 


3,500 00 






$54,360 


$60,038 50 


$57,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



803 



SOUTH WEYMOUTH SAVINGS BANK— SOUTH WEYMOUTH. 

Incorporated 1868. Number of corporators, 34. 

Albert Tirrell, President. Treasurer, B. F. White. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$305,024 99 
7,179 93 
3,000 00 


Bank stock .... 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Expense account . 

Cash on hand . . . . 


$156,781 62 

22,975 00 

129,299 70 

4,170 00 

383 32 

1,595- 28 




$315,204 92 


$315,204 92 



Cash on Deposit in Bank : — 
First National Bank, South Weymouth . 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$1,595 28 

$22,975 00 

18,800 00 

705 84 

232 49 



Whole amount of interest or profits received or earned . . . $18,321 55 
Rate and amount of each semi-annual dividend for 1 2 per cent . ( 6,638 50 

previous year > 2 per cent . c 6,183 53 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7£ per cent. 
The total amount of loans, with each specified rate of interest: 

$11,800, 6 per cent; $121,669.70, 7 per cent. 
Number of outstanding loans which are of an amount not 
exceeding $3,000 each . . . . . . . .128 

Aggregate amount of the same . 93,469 70 

Amount of investments from which no income is received . . 2,000 00 

Number of open accounts 806 

Number and amount of deposits received for previous year . 227 15,354 43 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 9 4,289 87 

Number of deposits of $1,000 and upwards . . . . 125 
Number and amount of deposits of $200 and less . . .87 12,179 98 
Number and amount of deposits of $100 and less ... 86 5,941 62 
Number and amount of deposits of $50 and less . i . 225 4,196 41 
Number and amount of deposits held by women . . . 365 129,115 85 
Number and amount of deposits held by guardians ... 4 1,025 68 
Number and amount of deposits held in trust .... 39 25,508 33 
Number and amount of deposits held by charitable associa- 
tions 8 3,438 64 

Number and amount of withdrawals 413 60,566 68 






304 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year .... 41 
Number of accounts closed the previous year .... 108 
Amount of expenses of the corporation during previous year . . $863 25 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner: July 22. 

Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Atlantic Nat'l Bank, Boston . 
Boston Nat'l Bank, Boston 
Columbian Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Globe Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Manufacturers' Nat'l Bank, Boston 
Market Nat'l Bank, Boston . 
New England Nat'l Bank, Boston 
North America Nat'l Bank, Boston 
Redemption Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston, 
South Weymouth Bank, So.Weym'th, 
Second Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston 
Webster Nat'l Bank, Boston 



$4,000 

10,000 
3,900 
5,000 
3,000 
9,600 
1,500 
4,000 
3,000 
7,000 
3,500 

10,000 
2,000 
4,000 
6,000 

10,000 
4,500 
4,000 

10,000 
7,400 
4,000 
2,000 
1,800 
1,200 
3,700 
8,600 



00 
00 
50 
50 
00 
00 
50 
00 
00 
00 
00 
00 



$5,570 
10,225 

5,362 

5,687 

3,090 
10,368 

1,582 

4,160 

3,345 

7,980 

4,795 

9,250 

2,020 00 

5,560 00 

6,600 00 
12,500 00 

4,770 00 

4,880 
11,100 

7,807 

5,000 

2,760 

2,106 

1,422 

4,310 

9,030 



00 
00 
00 
00 
00 
00 
00 
50 
00 



$5,540 25 
11,397 74 

4,994 62 

5,000 00 

3,382 75 
11,085 88 

1,864 00 

5,014 

3,352 

7,580 

4,575 

9,982 

2,210 

5,450 

6,530 25 
12,910 25 

5,445 00 

5,077 
11,853 

8,771 

4,651 

2,915 

2,184 

1,323 

4,644 



25 

50 
00 
87 
50 
00 
50 



50 
00 
25 
00 
00 
75 
00 
62 



9,045 14 



$133,700 



$151,281 00 



$156,781 62 




1880.] 



PUBLIC DOCUMENT — No. 8. 



305 



SPENCER SAVINGS BANK — SPENCER. 

Incorporated 1871. Number of corporators, 26. 

Erastus Jones, President. Treasurer, W. L= Demond. 

Statement. 



Liabilities. 


Assets. 


Deposits . 
Earnings, undivided . 
Guaranty fund . 


$216,070 65 
1,500 00 
4,487 69 


Public funds .... 
Bank stock .... 
Railroad bonds 
Loans on real estate 
Loans on personal security . 
Loans to counties, cities, or 

towns 

Deposit in banks on interest . 

Expense account . 

Cash on hand .... 


$34,325 00 
30,757 87 

5,043 75 
108 440 00 

1,500 00 

29,000 00 

11,398 87 

331 00 

1,261 85 




$222,058 34 


$222,058 34 



Cash on Deposit in Bank : — 
Maverick National Bank 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ( 2 per cent . ( 

previous year S 2 per cent . ( 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 4 per cent. 
The total amount of loans, with each specified rate of interest: 

$29,000, 4£ per cent; $109,940, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 70 

Aggregate amount of the same 

Number of open accounts 806 

Number and amount of deposits received for previous year . 667 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 49 

Number of deposits of $1,000 and upwards . . . .63 
Number and amount of deposits of $200 and less ... 30 
Number and amount of deposits of $100 and less . . . 110 
Number and amount of deposits of $50 and less ... . 250 
Number and amount of deposits held by women . . . 316 
Number and amount of deposits held by guardians ... 7 
Number and amount of deposits held in trust . . . . 13 
Number and amount of deposits held by charitable associa- 
tions • . . . 6 

Number and amount of withdrawals 529 

Number of accounts opened the previous year .... 192 
Number of accounts closed the previous year .... 158 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : June 3. 

39 



$11,398 87 

$8,640 76 
3,792 82 

3,881 80 



770 15 
56,798 10 
20,288 00 

17,802 77 
8,899 62 
4,850 16 

78,584 42 
2,577 10 
6,014 29 

4,779 16 
52,576 51 



66Q 40 
20,000 00 



306 



BANK COMMISSIONERS' REPORT. 
Public Funds. 



[Jan. 





Par Value. 


Estimated 

Market Value. 


Amount Invested. 


United States 4s . 

City and town bonds: — 
Town of Northampton . 
City of Springfield .... 

of Belfast, Me. 

of Bangor, Me. 

of Providence, R.I. . 


$20,000 

1,000 
2,000 
3,000 
3,000 
5,000 


$20,425 00 

1,100 00 

2,180 00 
2,970 00 
3,180 00 
5,350 00 


$20,000 00 

925 00 

2,100 00 
3,075 00 
3,150 00 
5,075 00 




$34,000 


$35,205 00 


$34,325 00 



Bank Stock. 



Commonwealth Nat'l Bank, Boston, 


$5,600 


$5,712 00 


$6,764 13 


Redemption Nat'l Bank, Boston 


600 


720 00 


900 00 


Webster Nat'l Bank, Boston . 


1,100 


1,146 75 


1,153 62 


Hide and Leather Nat'l B'k, Boston, 


300 


328 85 


348 00 


North Nat'l Bank, Boston 


2,000 


2,246 00 


2,435 00 


State Nat'l Bank, Boston 


1,500 


1,717 50 


1,652 12 


First Nat'l Bank, Boston 


1,200 


1,500 00 


1,920 00 


Mechanics' Nat'l Bank, Boston 


2,500 


2,625 00 


3,200 00 


Central Nat'l Bank, Boston . 


500 


662 50 


775 00 


Spencer Nat'l Bank, Spencer . 


7,500 


7,500 00 


7,500 00 


First Nat'l Bank, Webster ' . 


2,500 


2,500 00 


2,500 00 


Leicester Nat'l Bank, Leicester 


1,400 


1,540 00 


1,610 00 




$26,700 


$28,198 60 


$30,757 87 



Railroad Bonds. 



Eastern Railroad . 




$5,043 75 



1880.] 



PUBLIC DOCUMENT — No. 8. 



307 



SPRINGFIELD FIVE CENTS SAVINGS BANK — SPRINGFIELD. 

Incorporated 1854. Number of corporators, 40. 

Joseph C. Pynchon, President. Treasurer, Daniel J. Marsh. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,215,991 41 


Public funds .... 


$208,000 00 


Guaranty fund . 


9,600 00 


Bank stock . ... 


60,(500 00 






Loans on bank stock 


1,000 00 






Real estate .... 


139,3<>6 94 






-Real estate by foreclosure . 


74,000 00 






Loans on real estate 


629,725 00 






Loans on personal security . 


50,000 00 






Deposit in banks on interest . 


47,591 72 






SExpense account . 


158 29 






"Personal property . 


3,500 00 






Trofit and loss 


6,158 67 






Cash ou hand .... 


4,860 79 




$1,225,591 41 


$1,225,591 41 



Loans on Bank Stock, amount on each: — 
On 15 shares John Hancock National Bank 

Cash on Deposit in Banks: — 
Chicopee National Bank .... 
Pynchon National Bank .... 
Second National Bank .... 



Amount invested in real estate (for banking purposes) 

Estimated value of the same . 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



$1,000 00 

$1,591 72 
20,000 00 
26,000 00 

$139,396 94 

139,396 94 

74,600 00 

58,650 00 

3,841 31 

1,723 80 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for I 2£ per cent 

previous year . . . . . . . > 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 15 and July 15 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$50,000, 5 per cent; $630,725, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each . 115 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 5,014 

Number and amount of deposits received for previous year, 3,850 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 198 



,881 16 
25,723 59 
22,898 84 



163,945 00 
17,100 00 

295,650 94 

117,217 08 






308 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of deposits of $1,000 and upwards . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less ... 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions . . 

Number and amount of withdrawals .... 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: July 31. 



440 




406 


$57,635 23 


419 


29,229 04 


2,389 


32,999 90 


2,151 


47:5,266 60 


29 


12,787 88 


142 


96,427 78 


2 


7,787 58 


2,757 


256,327 83 


889 




712 




. 


4,818 37 




5,000 00 



Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



United States 6s, 1881, registered 
" " 4s, coupon 

" " 4s, " 

a a Ala " 

City bonds : — 
City of Springfield 6s, water . 



$150,000 

30,000 

20,000 

600 



7,000 



$158,250 00 

30,675 00 

20,450 00 

636 00 



7,700 00 



$150,000 00 

30,000 00 

20,400 00 

600 00 



7,000 00 



$207,600 



$217,611 00 



$208,000 00 



Bank Stock. 



Agawam Nat'l Bank, Springfield . 


$10,000 


$11,600 00 


$10,000 00 


City Nat'l Bank, Springfield . 


5,000 


5,125 00 


5,000 00 


City Nat'l Bank, Worcester . 


5,600 


6,160 00 


5,600 00 


Hadley Falls Nat'l Bank, Holyoke . 


1,500 


2,400 00 


1,500 00 


John Hancock Nat'l B'k, Springfield, 


5,500 


6,380 00 


5,500 00 


Pynchon Nat'l Bank, Springfield . 


10,900 


18,203 00 


10,900 00 


Monson Nat'l Bank, Monson . 


1,000 


1,500 00 


1,000 00 


First Nat'l Bank, Chicopee 


3,800 


5,700 00 


3,800 00 


Second Nat'l Bank, Springfield 


4,800 


7,920 00 


4,800 00 


Ware Nat'l Bank, Ware . 


5,500 


6,050 00 


5,500 00 


Chicopee Nat'l Bank, Springfield . 


7,000 


10,150 00 


7,000 00 




$60,600 


$81,188 00 


$60,600 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



309 



SPRINGFIELD INSTITUTION FOR SAVINGS — SPRINGFIELD. 

Incorporated 1827. Number of corporators. 73. 

James M. Thompson, President. Treasurer, Henry S. Lee. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



5,318,532 74 
59,465 54 
54,000 00 



se 



Public funds . 

Loans on public funds . 

Loans with town notes 

curity . . . . 
Bank stock 
Loans on bank stock 
Railroad bonds 
Loans on railroad stock 
Real estate 

Real estate by foreclosure 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Premium .... 
Cash on band . 



5,431,998 28 



52,223,250 00 
103,450 00 

26,500 00 
605,500 00 

79,250 00 
203,000 00 

28,900 00 
104,500 00 

91,750 00 

2,335,250 00 

132,000 00 

337,500 00 

73,989 55 

85,172 91 

1,985 82 



5,431,998 28 



Loans on Public Funds, amount on each: — 

On $8,600 United States 6s, 1881 $2,250 00 

On $100,300 United States 4£s, 1891 100,300 00 

On $1,000 United States 4s, 1907 900 00 



Loans on Bank Stock, amount on each : — 
On 95 shares First National Bank, Springfield 
On 171 shares Second National Bank, Springfield 
On 60 shares Third National Bank, Springfield 
On 54 shares Agawam National Bank, Springfield . 
On 10 shares Chapin National Bank, Springfield 
On 20 shares City National Bank, Springfield . 
On 264 shares Chicopee National Bank, Springfield . 
On 33 shares John Hancock National Bank, Springfield 
On 62 shares Pynchon National Bank, Springfield . 
On 8 shares Hadley Falls National Bank, Holyoke 
On 30 shares Holyoke National Bank, Holyoke 
On 20 shares Hampshire County National Bank, Northampt 
On 10 shares First National Bank, Amherst . . 
On 25 shares Lee National Bank, Lee .... 
On 30 shares Eagle National Bank, Boston 

Cash on Deposit in Banks : — 

Agawam National Bank, Springfield 

Chicopee National Bank of Springfield .... 
Franklin County National Bank of Greenfield . 





, $9,550 00 




. 13,600 00 




6,300 00 




5,350 00 




500 00 




1,000 00 




26,000 00 




2,600 00 




5,900 00 




' 800 00 




1,000 00 


,on 


1,900 00 




1,000 00 




1,750 00 




2,000 00 




. $10,000 00 


. 


20,000 00 


. 


. 43,989 55 






310 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure . 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Eate and amount of each semi-annual dividend for j 2j per cent 

previous year > 2\ per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$34,500, 4 percent; $106,700, 5 per cent ; $74,500, h\ per cent; 

$2,627,150, 6 per cent; $30,000, 6£ per cent; $170,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 709 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 16,200 

Number and amount of deposits received for previous year, 13,218 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 1,166 

Number of deposits of $1,000 and upwards . . . 2,564 
Number and amount of deposits of $200 and less . . 1,873 
Number and amount of deposits of $100 and less . . 1,429 
Number and amount of deposits of $50 and less . . 4,545 
Number and amount of deposits held by women . . 8,475 
Number and amount of deposits held by guardians . . . 102 
Number and amount of deposits held in trust .... 753 
Number and amount of deposits held by charitable associa- 
tions 99 

Number and amount of withdrawals 11,603 

Number of accounts opened the previous year . . . 2,890 

Number of accounts closed the previous year . . . 2,290 

Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 29. 



$104,500 00 

104,500 00 

01,750 00 

83,000 00 

2,571 09 

2,075 70 

1.542 31 
( 132,200 70 
i 134,021 03 



809,100 00 
36,850 00 

1,376,209 78 

820,782 33 

262,264 77 
103,138 63 

77,505 86 
3,284,107 90 

50.227 43 
525,744 54 

88,810 20 
1,371,549 52 



13,823 63 
10,000 00 



Public Funds. 



Par Value. 



Estimated 
ilarket Value. 



Amount Invested. 



United States 4s, 1907 
" 4£s, 1891 
" " 5s, 1881 

» " 6s, 1881 



$5,150 
186,500 
420,000 
420,100 



$5,291 50 
197,690 00 
429,450 00 
446,356 25 



$5,150 00 
186,500 00 
429,000 00 
440,100 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 

Public Funds — Concluded. 



311 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


State bonds: — 








State of Maine 6s . 


$118,500 


$134,201 25 


$129,000 00 


of New Hampshire 5s 




10,000 


10,800 00 


10,000 00 


of New Hampshire 6s 




151,500 


174,225 00 


163,500 00 


of Massachusetts 5s 




56,000 


61,000 00 


56,000 00 


of Rhode Island 6s 




4,000 


4,240 00 


4,000 00 


of Connecticut 5s . 




6,000 


6,420 00 


6,000 00 


of Connecticut 6s . 




11,000 


12,100 00 


11,000 00 


City and town bonds : — 








City of Bangor, Me., 7s . 


5,000 


5,700 00 


5,000 00 


of Boston 6s . 






20,000 


23,200 00 


20,000 00 


of Cambridge 6s 






45,000 


50,400 00 


45,000 00 


of Chelsea 6s . 






20,000 


22,000 00 


20,000 00 


of Fitchburg 6s 






10,000 


11,000 00 


10,000 00 


of Holyoke 6s . 






28,000 


31,920 00 


28,000 00 


of Holyoke 7s . 






37,000 


43,660 00 


37,000 00 


of Lawrence 6s 






10,000 


11,000 00 


10,000 00 


of Lynn 6s 






10,000 


11,000 00 


10,000 00 


of New Bedford 6s 






6,000 


6,720 00 


6,000 00 


of New Bedford 7s 






50,000 


61,000 00 


55,000 00 


of Newburyport 6s 






5,000 


5,400 00 


5,000 00 


of Newton 6s . 






10,000 


11,800 00 


10,000 00 


of Springfield 6s 






35,000 


37,800 00 


35,000 00 


of Springfield 7s 






152,000 


185,440 00 


152,000 00 


of Taunton 6s v 






20,000 


22,800 00 


20,000 00 


of Worcester 6s 






35,000 


39,900 00 


35,000 00 


of Providence, R.L, 5s 




5,000 


5,400 00 


5,000 00 


of Providence, R.L, 6s . 




40,000 


47,200 00 


44,000 00 


of Hartford, Conn., 6s 




82,000 


90,200 00 


82,000 00 


of Meriden, Conn., 6s 




5,000 


5,500 00 


5,000 00 


of Middletown, Conn., 6s 


7,000 


7,560 00 


7,000 00 


of New Haven, Conn., 5s 


11,000 


11,550 00 


11,000 00 


of New Haven, Conn., 6s 


5,000 


5,500 00 


5,000 00 


of New Haven, Conn., 7s 


22,000 


25,960 00 


22,000 00 


of Norwich, Conn., 5s 


5,000 


5,250 00 


5,000 00 


of Norwich, Conn , 7s 




20,000 


23,600 00 


20,000 00 


of Waterbury, Conn., 7s . 




14,000 


16,100 00 


14,000 00 


Town of Brookline 7s 




10,000 


12,200 00 


10,000 00 


of Greenfield 5s 




50,000 


51,000 00 


50,000 00 








$2,162,750 


$2,369,534 00 


$2,223,250 00 



Bank Stock. 



First Nat'l Bank, Springfield 
Second Nat'l Bank, Springfield 
Third Nat'l Bank, Springfield 
Agawam Nat'l Bank, Springfield 
Chapin Nat'l Bank, Springfield 
Chicopee Nat'l Bank, Springfield 
City Nat'l Bank, Springfield . 
John Hancock Nat'l B'k, Springfield 



$43,100 
30,300 
33,700 
22,500 
12,500 
47,000 
15,000 
8,400 



$58,185 
48,480 
54,931 
25,200 
13,250 
63,450 
15,300 



00 
00 
00 
00 
00 
00 
00 



9,660 00 



$52,800 
37,200 
48,200 
22,500 
12,500 
55,800 
15,000 



00 
00 
00 
00 
00 
00 
00 



8,400 00 






312 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Bank Stock — Concluded. 







Estimate il 






Par Value. 






Amount Invested. 






Market Value, 




Pynchon Nat'l Bank, Springfield . 


123,400 


$38,142 00 


$29,000 00 


First Nat'l Bank, Adams 


500 


625 


00 


500 00 


First Nat'l Bank, Chicopee 


20,500 


30,750 


00 


24,500 00 


First Nat'l Bank, Easthampton 


1,500 


1,770 


00 


1,500 00 


Wachusett Nat'l Bank, Fitchburg . 


5,000 


7,250 


00 


5,000 00 


Hadley Falls Nat'l Bank, Holyoke . 


3,100 


5,100 


00 


3,400 00 


Holyoke Nat'l Bank, Holyoke 


3,000 


3,150 


00 


3,000 00 


First Nat'l Bank, Leominster. 


10,000 


10,800 


00 


10,000 00 


Monson Nat'l Bank, Monson . 


900 


1,215 


00 


900 00 


First Nat'l Bank, Northampton 


2,000 


2,500 


00 


2,000 00 


Hampshire County Nat'l B'k, North- 










ampton ..... 


2,000 


2,200 


00 


2,000 00 


Northampton Nat'l B'k, Northam'n, 


1,000 


1,000 


00 


1,000 00 


Palmer Nat'l Bank, Palmer . 


5,000 


5,500 


00 


5,000 00 


Ware Nat'l Bank, Ware 


2,500 


2,750 


00 


2,500 00 


Hampden Nat'l Bank, Westfield . 


2,500 


3,750 00 


2.500 00 


First Nat'l Bank, Boston 


5,000 


9,000 


00 


5,000 00 


Second Nat'l Bank, Boston 


17,700 


24,249 


00 


17,700 00 


Atlantic Nat'l Bank, Boston . 


7,500 


10,425 00 


7,500 00 


Atlas Nat'l Bank, Boston 


15,000 


18,000 


00 


15,000 00 


Blackstone Nat'l Bank, Boston 


15,000 


15,000 


00 


14,500 00 


Columbian Nat'l Bank, Boston 


8,700 


11,919 


00 


8,700 00 


Eliot Nat'l Bank, Boston 


3,000 


3,225 


00 


3,000 00 


Freeman's Nat'l Bank, Boston 


11,300 


11,865 


00 


11,000 00 


Hamilton Nat'l Bank, Boston 


15,000 


16,950 


00 


15,000 00 


Howard Nat'l Bank, Boston . 


13,300 


15,129 


00 


13,300 00 


Merchants' Nat'l Bank, Boston 


15,000 


20,325 00 


15,000 00 


Mount Vernon Nat'l Bank, Boston . 


2,500 


2,375 


00 


2,300 00 


Commerce Nat'l Bank, Boston 


3,700 


4,218 


00 


3,200 00 


Commonwealth Nat'l Bank, Boston, 


2,000 


2,070 


00 


1,800 00 


North America Nat'l Bank, Boston, 


12,500 


13,250 


00 


12,500 00 


Redemption Nat'l Bank, Boston* 


16,000 


19,200 


00 


16,000 00 


City Nat'l Bank, Boston 


10,000 


11,500 


00 


10,000 00 


Eagle Nat'l Bank, Boston 


5,000 


5,275 


00 


5,000 00 


Exchange Nat'l Bank, Boston 


2,000 


2,800 


00 


2,000 00 


Revere Nat'l Bank, Boston 


15,000 


15,225 


00 


15,000 00 


Union Nat'l Bank, Boston 


4,300 


5,590 


00 


4,300 00 


North Nat'l Bank, Boston 


10,000 


12,300 


00 


lo,000 00 


Old Boston Nat'l Bank, Boston 


7,000 


9,100 


00 


7,000 00 


Shawmut Nat'l Bank, Boston 


7,500 


8,320 


00 


7,500 00 


State Nat'l Bank, Boston 


7,500 


8,850 


00 


7,500 00 


Suffolk Nat'l Bank, Boston . 


5,000 


5,750 


00 


5,000 00 


Tremont Nat'l Bank, Boston . 


15,000 


17,400 


00 


15,000 00 


Washington Nat'l Bank, Boston 


3,000 


3,810 


00 


3,000 00 


Webster Nat'l Bank, Boston . 


7,500 


7,875 


00 


7,500 00 




$557,700 


$715,953 00 


$605,500 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 
Boston and Albany Railroad 7s 



$140,000 
60,000 



$200,000 



155.400 00 
72,600 00 



$228,000 00 



$140,000 00 
63,000 00 



$203,000 00 



1880..] 



PUBLIC DOCUMENT — No. 8. 



313 






STOCKBRIDGE SAVINGS BANK— STOCKBRIDGE. 

. Incorporated 1871. Number of corporators, 17. 

Mason Van Deusen, President. Treasurer, C. H. Willis. 

Statement. 



Liabilities. 


Assets. 


Deposits . . " . 
Earnings, undivided . 
Guaranty fund . 
Premium 


$48,367 76 
540 77 
366 50 
112 13 


Public funds . . . 
Loans on public funds . 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Cash on hand .... 


$3,245 00 

200 00 

2,970 00 

2,518 80 

32,793 28 
4,777 00 
2,883 08 




$49,387 16 


$49,387 16 



Loans on Public Funds, amount on each: — 
On United States bonds, par value $200 . 

Cash on Deposit in Banks : — 
Housatonic National Bank, Stockbridge . 
Pittsfield National Bank, Pittsfield . 



Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 1\ per cent 

Times for the dividends fixed by the by-laws: first Thursday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$475, 6 per cent; $1,700, 7 per cent; $35,595.28, 7 t 3 q per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 97 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 

40 



184 
110 

15 
13 

24 

18 

72 

106 

1 



$200 00 



$2,535 70 
47 15 

$2,518 80 

1,350 00 

105 00 

14 45 

$3,508 09 

999 95 

1,016 94 



37,770 28 

13,538 17 

8,836 26 

3,443 82 
1,251 72 
1,277 84 
19,586 17 
1,177 02 



314 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held in trust .... 

Number and amount of withdrawals 

Number of accounts opened the previous year. 

Number of accounts closed the previous year .... 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 50,000 00 

Date of examination by commissioner: Aug. 4. 



1 


$28 37 


95 


10,886 27 


42 




31 





687 73 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Town bonds: — 
Town of Stockbridge 

of Adams water scrip . 


81,500 
2,000 


$1,545 00 
2,120 00 


$1,425 00 
1,820 00 




$3,500 


$3,665 00 


$3,245 00 


Bank 


Stock. 






First Nat'l Bank, Adams 


$2,500 


$3,125 00 


$2,970 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



£15 



STONEHAM FIVE CENTS SAVINGS BANK — STONEHAM. 

Incorporated 1855. Number of corporators. 47. 
Lyman Dike, President. Treasurer, Onslow Gilmore. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$239,608 05 
8,632 93 
3,553 34 


Public funds .... 

Railroad stock 

Real estate by foreclosure . 

Loans on real estate 

Loans on personal security . 

Loans to counties, cities, or 

towns 

Deposit in banks on interest . 
Cash on band .... 


$45,000 00 
2,000 00 
2,400 00 

159,304 73 
268 00 

17,000 00 

23,876 56 

1,945 03 




$251,794 32 


$251,794 32 



Cash on Deposit in Bank: — 
Blackstone National Bank . 




Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2| per cent 

previous year ) 2-£ per cent 

Times for the dividends fixed by the by-laws : first Wednesday of 

May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 6£ per cent. 
The total amount of loans, with each specified rate of interest: 

$5,000, 4 per cent; $12,000, 5f per cent; $12,400, 6 per cent; 

$147,172.73, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 130 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,205 

Number and amount of deposits received for previous year . 828 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits, of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 



$23,876 56 


$2,400 00 


5,350 00 


232 00 


81 00 


$16,507 81 


5,889 47 


5,824 94 



108,206 73 
525 00 

49,219 25 



. 34 


18,847 73 


. 65 




. 177 


24,107 66 


. 109 


7,674 69 


. 578 


7,682 62 


. 575 


122,532 53 


3 


258 12 


. 40 


14,782 69 






316 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by charitable associa- 
tions 15 

Number and amount of withdrawals 713 

Number of accounts opened the previous year . . . 156 

Number of accounts closed the previous year .... 159 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : May 26. 



$2,745 25 
61,175 62 



1,100 00 
25,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 

City and town bonds: — 
City of Somerville .... 
of Haverhill .... 
Town of Arlington .... 


$15,000 

15,000 

5,000 

10,000 


$15,375 00 

16,650 00 

5,500 00 

11,000 00 


$15,000 00 

15,150 00 

5,500 00 
11,000 00 




$45,000 


$48,525 00 


$46,650 00 




1880.] 



PUBLIC DOCUMENT — No. 8. 



317 



SUFFOLK SAVINGS BANK FOE SEAMEN AND OTHERS — BOSTON. 

Incorporated 1833." Number of corporators, 170. 

Thomas Lamb, President. Treasurer, Charles Henry Parker. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$11,386,151 47 


Public funds .... 


$1,667,000 00 


Earnings, undivided . 


68,112 77 


Loans on public funds . 


1,115,000 00 


Guaranty fund . 


89,460 27 


Bank stock .... 


440,125 00 


Rents .... 


3,125 68 


Loans on bank stock 


2,000 00 






Railroad bonds ... 


200,000 00 






Real estate .... 


150,000 00 






Real estate by foreclosure . 


141,526 83 






Loans on real estate 


4,642,062 25 






Loans on personal security . 


2,670,600 00 


' 




Deposit in banks on interest . 


437,598 47 






Deposit in banks not on in- 








terest 


48,577 66 






Expense account . 


1,853 47 






Cash on hand .... 


30,506 51 




$11,546,850 19 


$11,546,850 19 



Loans on Public Funds, amount on each: — 
On $1,050,000 United States bonds at par .... $1,050,000 00 

On $6,000 United States 6s, 1881 3,000 00 

On $30,000 United States 4s . . 30,000 00 

On $6,000 City of Chelsea ) 12 000 QO 

On $6,000 City of Fall River ) 

On $20,000 City of Boston 6s 20,000 00 



$2,000 00 



Loans on Bank Stock, amount on each : — 
On 25 shares Mechanics' National Bank, Boston 



Cash on Deposit in Banks : — 
New England National Bank, Boston 
Columbian National Bank, Boston . 
Boston National Bank, Boston . 
Merchandise National Bank, Boston 
Revere National Bank, Boston . 
Wachusett National Bank, Fitchburg 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 



previous year 



2 per cent 



$131,441 77 
7,135 89 

150,000 00 

100,000 00 

72,598 47 

25,000 00 

$150,000 00 

150,000 00 

141,526 83 

149,400 00 

6,192 13 

4,169 50 

$586,596 78 
; 197,182" 21 
1 207,237 83 



318 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Times for the dividends fixed by the by-laws : second Wednesday 

of April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 T $ 7 per cent. 
The total amount of loans, with each specified rate of interest: 

$680,000, 3 per cent; $100,000, 3* per cent; $1,282,000, 4 per 

cent; $552,000, 4& per cent; $1, 604,500, 5 per cent; $585,500, 

5| percent; $2,501,412.25, 6 per cent; $284,000, 6£ per cent; 

$782,250, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 42 

Aggregate amount of the same $99, 3" 00 

Amount of investments from which no income is received . . 2,645 76 

Number of open accounts 28,406 

Number and amount of deposits received for previous year, 25,064 2,505,711 00 
Number and amount of deposits of and exceeding $300 at 



any one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust. 
Number and amount of deposits held by religious 

table associations 

Number and amount of withdrawals 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds . . . 

Date of examination by commissioner: Nov. 12. 



2,183 
. 293 

2,591 

4,396 
15,224 
10,549 
. 219 

6,426 



and chari- 



. 298 

17,762 

6,079 

2,757 



1,201,993 00 

408,098 00 

363,599 00 

346,705 00 

4,509,597 22 

111,421 01 

2,551,232 36 

150,369 20 

1,714,627 23 



22,234 41 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 
" u 4-s 
" " 5s, 1881 . 

City bonds: — 
City of Worcester 6s 

of New Bedford 6s . 
of Manchester, N.H., 5s . 
of Providence, R.I., note 
of Gardiner, Me., note . 


1954,000 
300,000 
300,000 

20,000 
10,000 
19,000 
50,000 
14,000 


$975,465 00 
317,250 00 
309,375 00 

21,600 00 
11,000 00 
19,190 00 
50,000 00 
14,000 00 


$954,000 00 
300,000 00 
300,000 00 

20,000 00 
10,000 00 
19,000 00 
50,000 00 
14,000 00 




$1,667,000 


$1,717,880 00 


$1,667,000 00 



— 



1880.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



319 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Market Nat'l Bank, Boston . 


$15,000 


$15,150 00 


$15,000 00 


Atlas Nat'l Bank, Boston 


62,400 


74,724 00 


62,400 00 


Washington Nat'l Bank, Boston 


15,000 


15,825 00 


15,000 00 


Hamilton Nat'l Bank, Boston 


15,000 


16,987 50 


15,000 00 


State Nat'l Bank, Boston 


11,700 


13,455 00 


11,700 00 


Shoe and Leather Nat'l B'k, Boston, 


10,000 


10,600 00 


10,000 00 


Bay State Nat'l Bank, Lawrence 


13,125 


18,462 50 


13,125 00 


Shawmut Nat'l Bank, Boston 


13,300 


14,763 00 


13,300 00 


City Nat'l Bank, Boston . 


15,000 


17,250 00 


15,000 00 


Commerce Nat'l Bank, Boston 


15,000 


16,537 50 


15,000 00 


Hide and Leather Nat'l B'k, Boston, 


5,000 


5,350 00 


5,000 00 


Union Nat'l Bank, Boston 


10,000 


13,000 00 


10,000 00 


Merchants' Nat'l Bank, Boston 


53,200 


72,950 50 


53,200 00 


Columbian Nat'l Bank, Boston 


49,200 


67,650 00 


49,200 00 


Massachusetts Nat'l Bank, Boston . 


5,000 


5,400 00 


5,000 00 


Revere Nat'l Bank, Boston 


30,000 


34,500 00 


30,000 00 


Webster Nat'l Bank, Boston . 


50,000 


52,125 00 


50,000 00 


Railroad Nat'l Bank, Lowell . 


5,000 


5,400 00 


5,000 00 


New England Nat'l Bank, Boston . 


1,100 


1,545 50 


1,100 00 


Eagle Nat'l Bank, Boston 


36,100 


38,085 50 


36,100 00 


Tremont Nat'l Bank, Boston . 


10,000 


11,600 00 


10,000 00 




$440,125 


$521,361 00 


$440,125 00 



Railroad Bonds. 



Old Colony Railroad 



$200,000 



$220,000 00 



200,000 00 






320 



BANK COMMISSIONERS' REPORT. 



[Jan. 



TAUNTON SAVINGS BANK i — TAUNTON. 

Incorporated 1869. Number of corporators, 112. 

John E. Sanford, President. Treasurer, Henry R. Wood. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Suspense account 


$1,319,771 39 

119,000 21 

10,753 65 

3,790 84 


Public funds .... 

Bank stock .... 

Loans on bank stock 

Railroad bonds 

Loans on railroad stocks 

Real estate by foreclosure . 

Loans on reai estate 

Loans on personal security . 

Loan on bank books 

Expense account . 

Furniture account . 

Cash on hand .... 


$338,715 62 

79,208 12 

100 00 

10,000 00 

150 00 

204,346 52 

621,638 90 

191,377 58 

450 00 

1,164 34 

3,17:i 89 

2,991 06 




$1,453,316 09 


$1,453,316 09 



Loans on Bank Stock, amount on each: — 
On 1 share Taunton National Bank . 



Loans on Railroad Stock, amount on each: 
On 2 shares Boston and Providence . 



Cash on Deposit in Bank : — 
Taunton National Bank . 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$100 00 
$150 00 

$673 37 

$204,346 52 

144,172 00 

6,067 76 

1,775 58 



$71,601 12 
26,797 18 



Whole amount of interest or profits received or earned . 

Rate and amount of semi-annual dividend for previous year, 2 per 

cent (one dividend) 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4£ per cent; $5S,500, 5 per cent; $100,395.31, 6 per cent; 

$479,989.34, 6£ per cent; $87,698, 7 percent; $51,033.89, 7* per 

cent; $16,100, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 259 

Aggegate amount of the same 

Number of open accounts 3,759 

Number and amount of deposits received for previous year . 169 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .... 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less . 
Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less . 

1 The temporary injunction was dissolved by Supreme Judicial Court July 18, 1879. An 
order regulating the payment of deposits for one year, limiting them to an amount not exceeding 
ten per cent each six months, was issued Nov. 1, 1879, and the order was so modified as to allow 
them to pay ten per cent Jan. 1, 1880. 



273,579 57 



42,127 78 



. 54 


31,593 08 


. 465 




. 447 


64,270 69 


. 323 


23,390 86 


1,154 


15,528 89 




1880.] 



PUBLIC DOCUMENT — No. 8. 



321 



Number and amount of deposits held by women . . 1,551 
Number and amount of deposits held by guardians . . 35 
Number and amount of deposits held in trust .... 381 
Number and amount of deposits held by charitable associa- 
tions 19 

Number and amount of withdrawals .... 1,763 

Number of accounts opened the previous year ... 93 
Number of accounts closed the previous year .... 120 
Amount of expenses of the corporation during previous year 
Amount of treasurer's bonds . . . . . • . 

Date of examination by commissioner : May 6. 

Public Funds. 



$513,042 69 

18,903 40 

159,384 82 

10,909 39 
90,611 70 



3,566 53 
30,000 00 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 4s ... 


$13,000 


$13,276 25 


$12,935 00 


" 4^s . 


209,000 


221,017 50 


217,849 37 


" " 6s, currency 


15,000 


18,300 00 


18,006 25 


State bonds: — 








State of Maine 6s . 


1,000 


1,142 50 


1,135 00 


of New Hampshire 6s . 


1,000 


1,180 00 


1,165 00 


of Massachusetts 5s 


3,000 


3,330 00 


3,330 00 


City and town bonds: — 




. 




City of Lewiston, Me., 5s 


10,000 


10,200 00 


10,075 00 


of Taunton 5s, 1889 






4,500 


4,725 00 


4,680 00 


of Taunton 5s, 1895 






14,900 


16,166 50 


15,752 50 


of Taunton 6s, 1896 






2,000 


2,260 00 


2,290 00 


of Taunton 6s, 1881 






500 


515 CO 


510 00 


of Fall River 6s 






15,000 


15,000 00 


15,306 25 


Town of Hadley 6s . 






5,000 


5,025 00 


5,068 75 


of Stoneham 5s 






10,000 


10,100 00 


10,187 50 


of Williamsburg 5s 






10,000 


10,050 00 


10,087 50 


of Woonsocket, R.L, 5s 




10,000 


10,350 00 


10,337 50 








$323,900 


$342,637 75 


$338,715 62 



Bank 


Stock. 






Merchants' Nat'l B'k, New Bedford, 


$20,000 


$26,650 00 


$27,200 00 


Commerce Nat'l Bank, New Bedford, 


10,200 


10,072 50 


12 311 00 


First Nat'l Bank, New Bedford 


1,700 


1,744 62 


2,211 01 


Atlas Nat'l Bank, Boston 


5,500 


6,545 00 


6,208 61 


City Nat'l Bank, Boston 


10,000 


11,500 00 


11,302 50 


Taunton Nat'l Bank, Taunton 


10,900 


14,715 00 


14,250 00 


Bristol County Nat'l Bank, Taunton, 


3,400 


4,930 00 


4,405 00 


Machinists' Nat'l Bank, Taunton . 


900 


1,350 00 


1,260 00 




$62,600 


$77,507 12 


$79,208 12 



Railroad Bonds. 



Cape Cod Railroad . 




$10,250 00 



$10,000 00 



41 



322 



BANK COMMISSIONERS' REPORT. 



[Jan. 



TEMPLETON SAVINGS BANK — BALDWINSVILLE, TEMPLETON. 

Incorporated April 19, 1871. Number of corporators, 58. 
Charles A. Perlky, President. Treasurer, Otis D. Sawin. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$77,535 41 
205 76 
698 24 


Public funds .... 
Bank stock .... 
Loans on bank stock 
Loans on real estate 
Loans on personal security . 
Cash ou band .... 


000 00 

3,000 (X) 

1,000 00 

45,17.-) 00 

14,384 00 

8,880 41 




$78,439 41 


S78,439 41 



Loans on Bank Stock, amount on each: — 
On 10 shares Winchendon National Bank 



$1,000 00 



Cash on Deposit in Banks : — 

Miller's River National Bank, Athol $6,367 17 

Orange National Bank, Orange 1,234 71 

Whole amount of interest or profits received or earned . . . $4,093 27 
Rate and amount of each semi-annual dividend for ) 2| per cent . ( 1,566 43 

previous year ) 1\ per cent . ( 1,646 27 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend: 5 per cent. 
The total amount of loans, with each specified rate of interest: 

$350, 6 per cent ; $60,209, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 118 

Aggregate amount of the same 60,559 00 

Number of open accounts 344 

Number and amount of deposits received for previous year . 223 22,707 10 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 19 9,508 00 

Number of deposits of $1,000 and upwards .... 15 
Number and amount of deposits of $200 and less ... 36 5,826 00 
Number and amount of deposits of $100 and less ... 61 4,342 00 
Number and amount of deposits of $50 and less . . . 1S8 4,066 00 
Number and amount of deposits held by women . . . 109 20,962 00 
Number and amount of deposits held by guardians . . 7 1,510 00 
Number and amount of deposits held in trust ... 4 349 00 
Number and amount of deposits held by charitable associa- 
tions 1 25 00 

Number and amount of withdrawals 119 9,642 84 

Number of accounts opened the previous year ... 71 

Number of accounts closed the previous year .... 28 
Amount of expenses of the corporation during previous year. . 181 18 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : June 16. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



323 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... . 


$6,000 


$6,120 00 


$6,000 00 


Bank Stock. 


Orange Nat'l Bank .... 


13,000 


$3,180 00 


$3,000 00 



324 



BANK COMMISSIONERS' REPORT. 



[Jan. 






UNION INSTITUTION FOR SAVINGS IN THE CITY OF BOSTON — 

BOSTON. 

Incorporated May, 1865. Number of corporators, 36. 
Joseph D. Fallon, Vice-President. Treasurer, George F. Emery. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,726,199 56 


Public funds 


$479,475 00 


Earnings, undivided . 


10,908 34 


Real estate . . ... 


278,601 06 


Guaranty fund . 


28,635 00 


Real estate by foreclosure . 


439,410 62 


Accrued interest 


12,334 03 


Loans on real estate 


1,223,837 00 






Loans on personal security . 


72,202 00 






Invested in United States (5s, 1 


12,334 03 






Deposit in banks on interest . 


122,258 61 






Mortgage and interest sus- 








pense account 


3,044 25 






Security fund 2 


142,850 00 






Cash on hand .... 


4,064 36 




12,778,076 93 


$2,778,076 93 



Cash on Deposit in Banks : — 
National Exchange Bank, Boston .... 
Boston Safe Deposit and Trust Company 

Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 



$118,789 99 
3,468 62 

$278,601 06 

278,000 00 

439,410 62 

393,260 00 

19,232 41 

7,795 20 



$166,698 13 
57,198 73 
60,900 67 



Amount of municipal tax on real estate . 

n 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for J 2 per cent 

previous year J 2 per cent 

Times for the dividends fixed by the by-laws : secpnd Wednesday of 

May and November. 
The total amount of loans, with each specified rate of interest: 

$700, 4 per cent; $513,379, 6 per cent; $16,300, 6£- per cent; 

$697,785, 7 per cent; $400, 7^ per cent; $15,000, 7£ per cent; 

$143,825, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 456 

Aggregate amount of the same 566,785 00 

Amount of investments from which no income is received . 

Number of open accounts 7,926 

Number and amount of deposits received for previous year, 2,683 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 120 

Number of deposits of $1,000 and upwards .... 794 
Number and amount of deposits of $200 and less . . . 984 
Number and amount of deposits of $100 and less . . . 693 



34,108 43 

294,010 43 

69,339 76 



141,817 00 
51,350 00 



* Claim v. "Woodward & Farnsworth 



8 Town of Arlington bonds and mortgages. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



325 



Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust 

Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: April 14. 



1,688 


$30,483 00 


3,146 


1,277,968 00 


6 


665 00 


1,261 


546,000 00 


33 


14,272 96 


7,947 


656,654 09 


420 




927 






9,458 10 




10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4|s .... 

City bonds : — 
City of Boston 5s . 

of Providence, R L, 5s . * 


850,000 

225,000 
160,000 


$52,875 00 

248,062 50 
173,200 00 


$54,312 50 

251,812 50 
173,350 00 




$435,000 


$474,137 50 


$479,475 00 



326 



BANK COMMISSIONERS' REPORT. 



[Jan. 



UNION SAVINGS BANK i — FALL RIVER. 

Incorporated 1869. Number of corporators, 32. 
Augustus Chace, President. Treasurer, D. A. Chapin. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$580,847 03 

17,050 57 

5,400 00 



$603,898 20 



Public funds . 

Bank stock 

Real estate 

Loans on real estate 

Loans on personal security 

Expense account . 

Cash on band . 



SI 0,000 00 
36,575 00 
38,000 00 

272,833 00 

219,101 00 

679 45 

26,709 75 



$603,898 20 



Cash on Deposit in Bank: — 
Union National Bank . 



$20,000 00 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of municipal tax on real estate . 



$38,000 00 

40,000 00 

374 40 



$31,659 54 
14,846 34 
14,496 69 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2\ per cent . ( 
previous year ) 2i per cent . ( 

Times for the dividends fixed by the by-laws: May 15 and Nov. 15. 

The total amount of loans, with each specified rate of interest: 
$52,150, 6 per cent; $439,784, 6£ per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 123 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 

Number and amount of deposits of and exceeding $300 at any 
one time for the previous year 

Number of deposits of $1,000 and upwards .... 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust .... 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, was issued May 16, 1878, and extended May 16, 1879, 
to pay twelve and one-half per cent of the remainder of deposits each six months. 



. 


145,365 00 


. 


34,853 00 


1,325 




292 


30,341 18 


26 


16,571 88 


228 




139 


20,364 50 


125 


9.312 74 


336 


5,711 12 


496 


191,893 39 


25 


8,569 89 


172 


129,373 39 


2 


764 00 


1,278 


74,045 79 



1880.] 



PUBLIC DOCUMENT — No. 8. 



327 



Number of accounts opened the previous year . . . .60 
Number of accounts closed the previous year .... 31 
Amount of expenses of the corporation during previous year . . $1,600 00 

Amount of treasurer's bonds 25,000 00 

Date of examination by commissioner : June 13. 



Public Funds. 





Par Value. 


Estimated 
„ , „ , Amount Invested. 
Market Value. 


City bonds : — 
City of Fall River .... 


$10,000 00 


$10,000 00 


$10,000 00 


Bank Stock. 



Union Nat'l Bank, Fall River. 
Metacomet Natl Bank, Fall River . 
Pocasset Nat'l Bank, Fall River 



$17,400 

11,400 

2,500 



$31,300 



$19,140 00 

14,385 00 

3,050 00 



,575 00 



$19,140 00 
14,385 00 

3,050 00 



$36,575 00 



328 



BANK COMMISSIONERS' REPORT. 



[Jan. 



UXBRIDGE SAVINGS BANK — UXBRIDGE. 

Incorporated June 3, 1870. Number of corporators, 64. 

Moses Taft, President. Treasurer, C. A. Taft. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$270,727 07 
5,950 88 
2,424 00 


Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . 
Profit and loss 


$120,071 45 

30,400 48 

105,028 25 

19,921 00 

1,374 03 

443 46 

1,802 08 




$285,101 95 


$285,101 95 



:! 



Cash on Deposit in Bank: — 
Blackstone National Bank, Uxbridge 

Amount of real estate held by foreclosure .... 

Assessed value of the same 

Amount of income received from the same .... 
Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 
Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6 per cent. 
The total amount of loans, with each specified rate of interest: 

$13,950, 6 per cent; $4,500, 6£ per cent; $93,618, 7 per cent; 

$12,116.25, 7-J per cent; $765, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 82 

Aggregate amount of the same 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less . 
Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 17 

Number and amount of withdrawals . . ... . 505 



973 
279 

18 

86 

157 

126 

335 

458 

3 

41 



$1,374 63 

$30,460 48 

22,050 00 

1,423 00 

287 52 

$15,177 86 
5.857 74 
5,517 72 



73,499 25 

33,418 88 

10,328 35 

17,141 95 

8,140 17 

5,012 09 

112,906 39 

947 00 

21,773 02 

5,966 33 
58,010 91 






1880.] 



PUBLIC DOCUMENT — No. 8. 



329 



Number of accounts opened the previous year. ... 89 
Number of accounts closed the previous year .... 135 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bonds 

Date of examination by commissioner : May 10. 



$825 00 
20,000 00 



Bank Stock. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Redemption Nat'l Bank, Boston 


$4,000 


$5,000 00 


$5,610 00 


Suffolk Nat'l Bank, Boston . 


6,100 


7,198 00 


7,945 00 


Hide and Leather Nat'l B'k, Boston, 


13,000 


• 14,690 00 


15,259 12 


Revere Nat'l Bank, Boston 


3,000 


3,510 00 


3,820 00 


Howard Nat'l Bank, Boston . 


11,200 


12,768 00 


12,919 00 


North Nat'l Bank, Boston 


6,000 


7,380 00 


7,494 50 


Tremont Nat'l Bank, Boston . 


5,800 


6,786 00 


7,280 00 


Eliot Nat'l Bank, Boston . i 


11,000 


11,770 00 


13,148 75 


Webster Nat'l Bank, Boston . 


6,900 


7,245 00 


7,516 75 


State Nat'l Bank, Boston 


7,800 


9,204 00 


8,974 75 


Mount Vernon Nat'l Bank, Boston, 


1,800 


1,728 00 


2,223 75 


Atlas Nat'l Bank, Boston 


3,300 


3,894 00 


4,134 25 


Eagle Nat'l Bank, Boston 


3,000 


3,180 00 


3.777 75 


Blackstone Nat'l Bank, Uxbridge . 


1,700 


2,125 00 


2,260 00 


Grafton Nat'l Bank, Grafton . 


500 


540 00 


540 00 


First Nat'l Bank, Clinton 


2,000 


2,480 00 


2,480 00 


Wachusett Nat'l Bank, Fitchburg . 


2,500 


3,750 00 


5,000 00 


Franklin Nat'l Bank, Franklin 


5,400 


6,480 00 


6,490 00 


Central Nat'l Bank, Boston . 


2,000 


2,000 00 


2,000 00 


Millbury Nat'l Bank, Millbury 


1,700 


2,006 00 


2,006 00 


Eleventh Ward Nat'l Bank, Boston, 


1,400 


- 


2,189 33 


Manufacturers' Nat'l Bank, Boston, 


3,000 


2,760 00 


3,002 50 


. 


1103,100 


$116,494 00 


$126,071 45 



42 



330 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WAKEFIELD SAVINGS BANK — WAKEFIELD. 

Incorporated 1869. Number of corporators, 59. 

James F. Emerson, President. Treasurer, Riciiard Britton. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$67,530 15 


Public funds .... 


500 00 


Guaranty fund . 


554 15 


Railroad bonds 


1,000 (XJ 






Real estate by foreclosure . 


10,01. S 95 






Loans on real estate 


42,275 OS 






Loans on personal security . 


1,800 00 






Deposit in banks on interest . 


4,682 54 






Expense account . 


169 05 






Premium on bonds 


232 OS 






Interest 


225 24 






Cash on hand .... 


180 79 




$68,084 30 


868,084 30 



Cash on Deposit in Bank: — 
National Bank of South Reading, Wakefield . 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 24; per cent 

previous year > 24; per cent 

Times for the dividends fixed by the by-laws : February and Au- 
gust. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 64, per cent. 
The total amount of loans, with each specified rate of interest: 

$8,500, 6 per cent; $37,177.50, 7 per cent; $2,440, 7-*$ per cent; 

$3,957.55, 8 per cent; $500, 9 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 45 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year .... 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 



$4,682 54 



564 
374 



510,018 95 


9,900 00 


330 25 


111 75 


$4,424 64 


1,424 44 


1,376 12 



44,075 05 
620 9£ 

16,930 97 



. 11 


4,854 


. 24 


3,654 


. 43 


3,691 


. 292 


3,978 


. 161 


7,517 


1 


120 


. 10 


2,335 



78 04 



1880.] 



PUBLIC DOCUMENT — No. 8. 



331 



Number and amount of deposits held by charitable associa- 
tions 1 $129 03 

Number and amount of withdrawals 382 23,545 20 

Number of accounts opened the previous year .... 81 

Number of accounts closed the previous year .... 98 

Amount of expenses of the corporation during previous year . . 649 19 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner: May 26. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City of Concord, N.H., 6s 
of Bath, Me., 6s . 
of Rockland, Me., 6s 


$500 

5,000 
2,000 


$507 50 
5,125 00 
1,960 00 


$505 00 
5,225 00 
2,085 00 




$7,500 


$7,592 50 


$7,815 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 



$1,000 



$1,110 00 



,030 00 



332 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WALES SAVINGS BANK — WALES. 

Incorporated 1870. Number of corporators, 70. 
Elijah Shaw, President. Treasurer, H. A. McFarland. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 

Guaranty fund . 



$17,908 88 

1,0(52 81 

155 00 



$19,126 69 



Bank stock 
Loans on real estate 
Loans on personal security 
Loans to counties, cities, or 

towns . 
Expense account . 
Interest account . 
Office furniture 
Cash on hand . 



$5,690 00 

10,847 00 

1,308 08 

150 00 
25 

98 
240 00 
884 38 



$19,120 09 



Whole amount of interest or profits received or earned . . . $1,11183 
Rale and amount of each semi-annual dividend for I 2£ per cent . ( 458 27 

previous year ) 2£ per cent . ( 396 40 

Times for the dividends fixed by the by-laws: January and July. 
The total amount of loans, with each specified rate of interest: 

$12,305.08, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 25 

Aggregate amount of the same 12,305 08 

Number of open accounts 121 

Number and amount of deposits received for previous year . 270 1,975 47 
Number of deposits of $1,000 and upwards .... 4 
Number and amount of deposits of $200 and less ... 38 15,371 36 
Number and amount of deposits of $100 and less ... 18 1,405 49 
Number and amount of deposits of $50 and less ... 61 1,132 03 
Number and amount of deposits held by women ... 53 6,676 19 

Number and amount of withdrawals 38 3,392 07 

Number of accounts opened the previous year .... 11 
Number of accounts closed the previous year .... 22 
Amount of expenses of the corporation during previous year . . 57 44 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner: June 5. 

Bank Stock. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Revere Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Hamilton Nat'l Bank, Boston . 
Monson Nat'l Bank, Monson . 
Southbridge Nat'l B'k, Southbridge, 


$1,500 

1,000 

1,000 

500 

700 


$1,600 00 

1,100 00 

1,250 00 

660 00 

924 00 


$1,785 00 

1,185 00 

1,220 00 

625 00 

875 00 




$4,700 


$5,534 00 


$5,690 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



333 



WALTHAM SAVINGS B ANK — WALT HAM. 

Incorporated March 18, 1853. Number of corporators, 30. 
Horatio Moore, President. Treasurer, F. M. Stone. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



1,042,698 22 
21,152 31 
19,350 00 



$1,083,200 53 



Public funds . 

Bank stock 

Loans on bank stock 

Bail road bonds 
~Beal estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 
towns .... 

Deposit in banks on interest 
•JExpense account . 

Cash on hand . 



$99,975 00 

103,125 00 

2,950 00 

59,900 00 

17,(500 00 

603,595 00 

11,643 59 

145,000 00 

37,573 44 

78 93 

1,759 57 



$1,083,200 53 



$1,300 00 
1,650 00 

$27,000 00 
10,573 44 

$17,600 00 

18,000 00 

750 00 

255 40 

$59,287 19 
20,149 88 
20,461 74 



Loans on Bank Stock, amount on each: — 
On 18 shares First National Bank, Yarmouth . 
On 22 shares Walthara National Bank 

Cash on Deposit in Banks : — 

Waltham National Bank 

Boston Safe Deposit and Trust Company . 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: second Wednesday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$20,000, 4£ per cent; $618,188.59, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 238 

Aggregate amount of the same 

Number of open accounts 3,700 

Number and amount of deposits received for previous year, 2,673 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 95 

Number of deposits of $1,000 and upwards . . . . 312 
Number and amount of deposits of $200 and less . . . 531 
Number and amount of deposits of $100 and less . . . 409 
Number and amount of deposits of $50 and less . . 1,228 

Number and amount of deposits held by women . . 1,828 
Number and amount of deposits held by guardians . . 8 

Number and amount of deposits held in trust .... 68 



315,948 59 

206,213 11 

50,030 00 

73,413 11 
27,983 82 
21,290 85 
533,186 21 
3,942 00 
29,491 29 



334 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by charitable associa- 
tions 4 $1,722 00 

Number and amount of withdrawals .... 2,230 190,775 ( J7 

Number of accounts opened the previous year . . . . 500 
Number of accounts closed the previous year .... 403 
Amount of expenses of the corporation during previous year . . 3,300 00 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner: Dec. 27. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds 

City bonds: — 
City of Portsmouth, N.H. 


$95,000 

5,000 


$97,825 00 
5,200 00 


$94,975 00 
5,000 00 




$100,000 


$103,025 00 


$99,975 00 



Bank Stock. 



Revere Nat'l Bank, Boston 


$3,800 


$4,408 00 


$3,800 00 


Mount Vernon Nat'l Bank, Boston, 


5,000 


4,900 00 


5,000 00 


Third Nat'l Bank, Boston 


2,500 


2,125 00 


2,500 00 


Boston Nat'l Bank, Boston 


7,300 


7,464 00 


7,300 00 


Hide and Leather Nat'l B'k, Boston, 


3,000 


3,333 00 


3,000 00 


Market Nat'l Bank, Boston . 


4,000 


4,040 00 


4,000 00 


Commerce Nat'l Bank, Boston 


2,200 


2,450 00 


2,200 00 


Traders' Nat'l Bank, Boston . 


6,000 


6,075 00 


6,000 00 


Suffolk Nat'l Bank, Boston . 


5,300 


6,095 00 


5,300 00 


North Nat'l Bank, Boston 


7,700 


9,471 00 


7,700 00 


Everett Nat'l Bank, Boston . 


4,600 


4,726 00 


4,600 00 


Shawmut Nat'l Bank, Boston . 


5,000 


5,500 00 


5,000 00 


Central Nat'l Bank, Boston . 


5,000 


5,000 00 


5,000 00 


Continental Nat'l Bank, Boston 


5,000 


5,150 00 


4,850 00 


Metropolitan Nat'l Bank, Boston . 


2,000 


2,000 00 


2,000 00 


Commonwealth Nat'l Bank, Boston, 


3,000 


3,105 00 


3,000 00 


Eliot Nat'l Bank, Boston 


1,500 


1,612 00 


1,500 00 


Waltham Nat'l Bank, Waltham . 


30,375 


38,475 00 


30,375 00 




$103,275 


$115,929 00 


$103,125 00 



Railroad Bonds. 



: 



Boston and Lowell Railroad 
Cheshire Railroad . 
Old Colony Railroad 
Boston and Maine Railroad 



$30,500 

16,000 

10,000 

5,000 

$61,500 



,227 00 

16,600 00 

11,825 00 

6,112 00 

$69,764 00 



$30,500 00 

14,400 00 

10,000 00 

5,000 00 

$59,900 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



335 



WARE SAVINGS BANK — WARE. 

Incorporated 1850. Number of corporators, 46. 

William Hyde, President. Treasurer, Otis Lane. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,603,452 05 


Pul>lic funds .... 


$400,000 00 


Earnings, undivided . 


28,570 56 


Loans on public funds . 


1,450 00 


Guaranty fund . 


5,086 06 


Bank stock .... 


280,800 00 






Loans on bank stock 


3,900 00 






Railroad bonds 


238,000 00 






Real estate bv foreclosure . 


1,800 00 






Loans on real estate 


490,998 66 






Loans on personal security . 


141,676 07 






Loans to counties, cities, or 








towns 


51,500 00 






Expense account . 


932 36 






Cash on hand .... 


26,051 58 




$1,637,108 67 


$1,637,108 67 



Loans on Public Funds, amount on each: — 
On $1,500 United States Government bonds . 

Loans on Bank Stock, amount on each : — 
On 29 shares Ware National Bank, Ware 
On 20 shares Eliot National Bank, Boston 

Amount of real estate held by foreclosure 
Assessed value of the same .... * 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 1\ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws: Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 
),000, 5 per cent; $621,524.73, 6 per cent; $18,000, 6£ per cent. 



$1,450 00 

$1,900 00 
2,000 00 

$1,800 00 
1,800 00 



.939 18 
38,347 58 
30,838 16 



Number of outstanding loans which are of an amount not 
exceeding $3,000 each 207 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 3,596 

Number and amount of deposits received for previous year, 1,766 

Number and amount of deposits of and exceeding $300 at any _ 
one time for the previous year 

Number of deposits of $1,000 and upwards .... 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . . . • . 

Number and amount of deposits held by charitable associa- 
tions 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 

Number of accounts closed the previous year .... 



323,612 73 
5,000 00 

180,802 07 



163 


87,974 03 


537 




456 


64,671 00 


306 


22,507 00 


720 


15,776 00 


2,029 


849,362 00 


45 


19,048 00 


56 


29,931 00 


9 


1,696 00 


1,582 


211,753 05 


447 




387 





336 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 11. 



18,064 63 

25,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s, currency 
44 44 5s . 
" " 4£s . 

City bonds: — 
City of Springfield 6s 
of Boston 4s . 


$100,000 

50,000 

200,000 

10,000 
40,000 


$112,500 00 

51,000 00 

210,000 00 

10,800 00 
40,600 00 


$100,000 00 

50,000 00 

200,000 00 

10,000 00 
40,000 00 




$400,000 


$424,900 00 


$400,000 00 



Bank 


Stock. 






Ware Nat'l Bank, Ware 


$35,400 


$40,710 00 


$35,400 00 


Monson Nat'l Bank, Monson . 


4,700 


6,315 00 


4,700 00 


City Nat'l Bank, Worcester . 


5,000 


5,000 00 


5,000 00 


Southbridge Nat'l B'k, Southbridge, 


1,500 


1,950 00 


1,500 00 


Easthampton Nat'l B'k, Kasthampt'n, 


15,000 


18,000 00 


15,000 00 


Leicester Nat'l Bank, Leicester 


2,100 


2,310 00 


2,100 00 


Boston Nat'l Bank, Boston 


20,000 


20,400 00 


20,000 00 


Eliot Nat'l Bank, Boston 


6,000 


6,180 00 


6,000 00 


North America Nat'l Bank, Boston, 


12,100 


12,100 00 


12,100 00 


Traders' Nat'l Bank, Boston . 


15,400 


15,400 00 


15,400 00 


Second Nat'l Bank, Boston 


15,000 


21,750 00 


15,000 00 


Redemption Nat'l Bank, Boston 


10,000 


12,000 00 


10,000 00 


North Nat'l Bank, Boston 


10,000 


12,200 00 


10,000 00 


Commerce Nat'l Bank, Boston 


7,500 


8,100 00 


7,500 00 


Republic Nat'l Bank, Boston . 


15,000 


18,000 00 


15.000 00 


Washington Nat'l Bank, Boston 


3,000 


3,810 00 


3,000 00 


First Nat'l Bank, Boston 


10,000 


18,000 00 


10,000 00 


Merchants' Nat'l Bank, Boston 


10,000 


13,500 00 


10,000 00 


Revere Nat'l Bank, Boston 


15,000 


15,000 00 


15,000 00 


Webster Nat'l Bank, Boston . 


20,000 


20,800 00 


20,000 00 


State Nat'l Bank, Boston 


14,000 


15,680 00 


14,000 00 


Continental Nat'l Bank, Boston 


10,000 


10,200 00 


10,000 00 


Union Nat'l Bank, Boston 


2,600 


3,380 00 


2.600 00 


Atlantic Nat'l Bank, Boston . 


1,000 


1,390 00 


1,000 00 


Atlas Nat'l Bank, Boston 


10,000 


11,800 00 


10,000 00 


Globe Nat'l Bank, Boston 


5,000 


5,100 00 


5,000 00 


Tremont Nat'l Bank, Boston . 


5,500 


6,325 00 


5,500 00 




$280,800 


$325,430 00 


$280,800 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 
Boston and Albany Railroad 7s 
Boston and Maine Railroad 7s 
Eastern Railroad, new . 



$50,000 
60,000 
75,000 
53,000 



$238,000 



$56,000 00 
72,000 00 
90,000 00 
43,460 00 



$261,460 00 



$50,000 00 
60,000 00 
75,000 00 
53,000 00 



$238,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



337 



WAREHAM SAVINGS BANK-WAEEHAM. 

Incorporated 1847. Number of corporators, 25. 

Gerard C. Tobey, President. t Treasurer, Thomas R. Miles. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 
Guaranty fund . 
Bills payable 


§457,899 21 

6,052 50 

4,000 00 

25,000 00 


Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Expense account . 
Municipal tax on real estate . 
Cash on band in bank . 


8177,213 56 

167,147 62 

120,922 33 

21,528 20 

296 00 

2,889 76 

2,954 24 




$492,951 71 


§492,951 71 



Cash on Deposit in Bank : ■ 
National Bank of Wareham 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent . ( 

previous year ) 2 per cent . i 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest: 

$18,000, 5 per cent; $56,754.70, 6 per cent; $5,600, 6£ per cent; 

$35,703.23, 7 per cent; $300, 1 T \ per cent; $1,200, 7i per cent; 

$24,892.60, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 55 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number and amount of deposits received for previous year 
Number and amount of deposits of and exceeding S300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards . . . 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 



$2,954 24 

$167,147 62 

146,875 00 

4,211 53 

2,889 76 

$23,099 94 
9,085 45 
8,996 08 



Number and amount of withdrawals 



1,356 
322 

33 
130 
162 
154 
461 
605 

19 
130 



10 
644 



48,185 24 
2S,158 49 

34,897 10 

16,460 62 

22,838 27 
10,900 90 

8,046 52 
164,794 49 

5,630 55 
69,949 22 

3,955 66 
59,722 44 



43 



338 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year .... 116 
Number of accounts closed the previous year .... 129 
Amount of expenses of corporation during the previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 3. 



$1,622 73 
' 5,000 00 



Bank Stock. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



Eagle Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
North America Nat'l Bank, Boston 
City Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Revere Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 
Republic Nat'l Bank, Boston . 
First Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston 
Blackstone Nat'l Bank, Boston 
Atlas Nat'l Bank, Boston 
Atlantic Nat'l Bank, Boston . 
Shawmut Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Suffolk Nat'l Bank, Boston . 
Boylston Nat'l Bank, Boston . 
Eleventh Ward Nat'l Bank, Boston 
Andover Nat'l Bank, Andover 
Falmouth Nat'l Bank, Falmouth 
Merchants' Nat'l B'k, New Bedford, 
Wareham Nat'l Bank, Wareham . 



$10,000 

10,000 

7,500 

5,000 

5,000 

4,500 

700 

3,000 

2,000 

7,400 

6,600 

10,000 

10,000 

4,100 

10,000 

10,000 

10,000 

13,100 

5,300 

500 

5,000 

2,500 

24,000 



$166,200 



00 
00 
00 
00 



$10,200 00 

10,500 00 

8,250 00 

6,000 00 

5,700 00 

5,220 

973 

3,630 

3,700 

9,990 00 

7,128 00 

10,300 00 

12,000 00 

6,970 00 

11,200 00 

13,700 00 

11,700 00 

13,886 00 

530 00 

560 00 

5,750 00 

3,350 00 

30,000 00 



$191,237 00 



00 
75 
00 
00 
00 
00 
25 
00 



$10,591 50 
10,541 25 

6,692 50 

5,000 

6,749 

4,973 
700 

3,000 

2,000 

7,246 

6,600 
12,990 26 
11,328 25 

4,477 75 
10,000 00 
10,478 33 
11,624 38 
11,232 26 

8,707 
500 

5,194 

2,500 
24,086 



08 
00 
50 
00 
50 



$177,213 56 



1880.] 



PUBLIC DOCUMENT — No. 8. 



339 



WARREN FIVE CENTS SAVINGS BANK — PEABODY. 

Incorporated April 28, 1854. Number of corporators, 56. 
Rufus H. Brown, President. Treasurer, Albert H. Merrill. 

Statement. 



Liabilities. 



Assets. 



Deposits . . . 
Earnings, undivided . 
Guaranty fund . 



L,231,473 14 

43,211 40 

9,775 00 



1,284,459 54 



Public funds . 

Bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Cash on hand . 



5,475 00 
145,945 25 

24,675 00 
115,370 91 
484,570 00 

37,978 22 

377,540 00 
21,905 16 



$1,284,459 54 



Cash on Deposit in Bank : — 
Warren National Bank $21,905 16 

Amount of real estate held by foreclosure $115,370 91 

Assessed value of the same 97,625 00 

Amount of income received from the same ... . . . 6,049 26 

Amount of municipal tax on real estate 1,467 72 

Whole amount of interest or profits received or earned . . . $75,339 66 
Rate and amount of each semi-annual dividend for ) 2 per cent . i 24,552 76 

previous year ) 2 per cent . t 25,135 51 

Times for the dividends fixed by the by-laws: third Wednesday of 

May and November. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 T 8 ^ per cent. 
The total amount of loans, with each specified rate of interest: 

$1,000, 5 per cent; $114,560, 6 per cent; $199,643.22, 6£ per cent; 

$111,545, 7 per cent; $4,900, 7^ per cent; $77,600, 7£ per cent; 

$13,300, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 151 

Aggregate amount of the same 200,305 00 

Amount of investments from which no income is received . . 8,970 00 

Number of open accounts 3,408 

Number and amount of deposits received for previous year, 1,500 107,062 56 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 90 49,705 03 

Number of deposits of $1,000 and upwards .... 480 
Number and amount of deposits of $200 and less . . . 427 60,598 09 
Number and amount of deposits of $100 and less . . . 305 16,532 92 
Number and amount of deposits of $50 and less . . 1,020 16,205 31 
Number and amount of deposits held by women . . 1,641 71,496 29 



340 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by guardians . . .23 $13,707 51 
Number and amount of deposits held in trust .... 165 81,468 29 
Number and amount of deposits held by charitable associa- 
tions 25 13,223 40 

Number and amount of withdrawals .... 1,768 204,792 71 
Number of accounts opened the previous year .... 304 
Number of accounts closed the previous year . . * . . 370 
Amount of expenses of the corporation during previous year . . 2,602 89 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : June 9. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 6s. currency 
" " 4|s, registered . 
" " 4^s, coupon 
" " 4s, " 

State bonds : — 
State of Massachusetts 5s 


$40,000 

15,000 

12,000 

5,000 

4,500 


$48,800 00 

15,881 25 

12,705 00 

5,106 25 

4,616 25 


$40,000 00 

15,000 00 

12,000 00 

4,975 00 

4,500 00 




$76,500 


$87,108 75 


$76,475 00 



Bank Stock. 



Warren Nat'l Bank, Peabody . 


$2,900 


$3,770 00 


$2,900 00 


Howard Nat'l Bank, Boston . 


4,700 


5,334 50 


4,689 00 


Exchange Nat'l Bank, Boston 


8,000 


11,040 00 


8,000 00 


Webster Nat'l Bank, Boston . 


4,000 


4,110 00 


4,000 00 


Atlantic Nat'l Bank, Boston . 


4,500 


6,266 00 


4,500 00 


Suffolk Nat'l Bank, Boston . 


2,500 


2,875 00 


2,500 00 


Shoe and Leather Nat'l B'k, Boston, 


5,100 


5,380 50 


5,100 00 


Hide and Leather Nat'l B'k, Boston, 


10,000 


10,962 50 


9,950 00 


Exchange Nat'l Bank, Salem . 


900 


990 00 


900 00 


Asiatic Nat'l Bank, Salem 


2,250 


2,737 50 


2,250 00 


Grand Nat'l Bank, Marblehead 


4,800 


5,066 00 


4,595 00 


Atlas Nat'l Bank, Boston 


16,500 


19,635 00 


16,500 00 


Revere Nat'l Bank, Boston 


4,500 


4,770 00 


4,500 00 


Eliot Nat'l Bank, Boston 


9,500 


9,975 00 


9,500 00 


Blackstone Nat'l Bank, Boston 


7,500 


7,706 25 


7,500 00 


Washington Nat'l Bank, Boston 


500 


637 50 


500 00 


Tremont Nat'l Bank, Boston . 


10,100 


11,716 00 


10,100 00 


Faneuil Hall Nat'l Bank, Boston . 


6,000 


7,395 00 


6,000 00 


Hamilton Nat'l Bank, Boston. 


2,000 


2,200 00 


2,000 00 


Shawmut Nat'l Bank, Boston . 


5,200 


5,772 00 


5,200 00 


South Danvers Nat'l B'k, Peabody. 


1,000 


1,350 00 


1,000 00 


Manufacturers' Nat'l Bank, Boston, 


7,500 


6,768 75 


7,500 00 


Merchandise Nat'l Bank, Boston . 


2,500 


2,400 00 


2,500 00 


North America Nat'l Bank, Boston, 


5,000 


5,012 50 


4,965 00 


City Nat'l Bank, Boston . 


1,000 


1,150 00 


1,000 00 


Market Nat'l Bank, Boston . 


5,600 


5,656 00 


5,600 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



341 



Bank Stock — Concluded. 





Par Value. 


Estimated 
Market "Value. 


Amount Invested. 


Mount Yernon Nat'l Bank, Boston . 
New England Nat'l Bank, Boston . 
Continental Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Commonwealth Nat'l Bank, Boston, 


$2,200 
2,500 
2,500 
2,500 
2,500 


$2,095 50 
3,331 25 
2,550 00 
2,525 00 
2,550 00 


$2,200 00 
2,500 00 
2,500 00 
2,500 00 
2,496 25 




$146,250 


$163,727 75 


$145,945 25 



Railroad Bonds. 



Boston and Maine Railroad 

Cheshire Railroad . 

Old Colony Railroad 

Eastern Railroad new certificates 



$5,000 
5,000 

10,000 
5,000 

$25,000 



$6,050 00 
5,000 00 

10,950 00 
4,175 00 

$26,175 00 



$5,000 00 
4,925 00 

10,000 00 
4,750 00 

$24,675 00 






342 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WARREN INSTITUTION FOR SAVINGS — CIIARLESTOWN DISTRICT, 

BOSTON. 

Incorporated Feb. 21, 1829. Number of corporators, 120. 
James Adams, President. Treasurer, George F. Tuftb. 

Statement. 



Liabilities. 



A8SET8. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



5,654,039 29 

124,054 90 

51,000 00 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate 

Real estate by foreclosure 

Loans on reai estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Cash on band . 



$3,829,094 19 



$640,857 47 

150,425 00 

8,600 00 

200,000 00 

50,000 00 

188,300 00 

1,943,081 70 

486,750 00 

53,500 00 

79,631 53 

7,036 22 

20,912 27 



$3,829,094 19 



Loans on Bank Stock, amount on each : — 
On 50 shares Maverick National Bank 
On 14 shares Bunker Hill National Bank . 
On 8 shares Bunker Hill National Bank . 
On 10 shares Monument National Bank . 
On 8 shares Lechmere National Bank 
On 24 shares Blackstone National Bank . 



$5,500 00 

1,000 00 

500 00 

400 00 

200 00 

1,000 00 



Cash on Deposit in Bank : — 
Bunker Hill National Bank 



Amount invested in real estate (for banking purposes) 

Assessed value of the same 

Amount of real estate held by foreclosure . . 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for I 2 per cent . ( 

previous year > 2 per cent . ( 

Times for the dividends fixed by the bylaws : third Wednesday of 

April and October. 
The total amount of loans, with each specified rate of interest: 

$325,000, 4 per cent; $50,000, 4£ per cent; $149,500, 5 per cent; 

$40,000, 5| per cent; $613,550, 6 per cent; $507,870, 0£ per cent; 

$634,450, 7 per cent; $34,600, 7^ per cent; $135,261.70, 7£ per 

cent; $21,300, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 479 



$79,631 53 

$50,000 00 

52,800 00 

188,300 00 

232,145 00 

13,278 00 

3,652 63 

$208,095 51 
70,277 87 
71,007 56 



1880.] 



PUBLIC DOCUMENT — No. 8. 



343 



Aggregate amount of the same 

Number of open accounts 10,381 

Number and amount of deposits received for previous year, 5,835 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 

Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less- 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 



316 

40 

409 

818 

4,154 

5,273 



62 



1,204 



Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa- 
tions 55 

Number and amount of withdrawals 5,397 

Number of accounts opened the previous year . . . 1,125 
Number of accounts closed the previous year .... 823 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner : Dec. 30. 



$778,061 70 

430,302 00 

176,393 00 

64,029 00 
68,229 00 
87,154 00 
1,839,993 43 
71,042 09 
591,705 45 

42,463 19 
502,570 00 



9,106 41 
20,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4^-s .... 

tto . ... . 

City and town bonds : — 
Town of Everett 6s ... 
City of Charlestown 6s . 
of Somerville 6s 


$300,000 
250,000 

5,000 
40,000 
46,000 


$318,000 00 
255,312 50 

5,750 00 
46,000 00 
51,060 00 


$300,000 00 
251,687 50 

4,850 00 

39.159 97 

45.160 00 




$641,000 


$676,122 50 


$640,857 47 



Bank Stock. 



Bunker Hill Nat'l Bank, Boston . 
City Nat'l Bank, Boston. 
Eagle Nat'l Bank, Boston 
Shoe and Leather Nat'l B'k, Boston, 
Hide and Leather Nat'l B'k, Boston, 
Massachusetts Nat'l Bank, Boston 
Traders' Nat'l Bank, Boston . 
Third Nat'l Bank, Boston 
Maverick Nat'l Bank, Boston . 
New England Nat'l Bank, Boston 
Union Nat'l Bank, Boston 
Everett Nat'l Bank, Boston . 
Merchandise Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
Eliot Nat'l Bank, Boston 



$20,000 

2,000 

7,500 

5,000 

15,000 

5,500 

10,000 

5,000 

4,000 

11,600 

20,000 

6,000 

5,000 

10,000 

10,800 



$33,650 00 


2,300 00 


7,912 50 


5,275 00 


16,443 00 


5,940 00 


10,100 00 


4,250 00 


7,400 00 


15,457 00 


26,150 00 


6,015 00 


4,800 00 


10,425 00 


11,340 00 



$20,000 00 
2,000 00 
7,500 00 
5,000 00 

15,000 00 
5,500 00 

10,000 00 
5,000 00 
4,000 00 

11,600 00 

20,000 00 
6,000 00 
5,000 00 
9,925 00 

10,800 00 






344 



BANK COMMISSIONERS' REPORT. [Jan. 



Bank Stock — Concluded. 






Par Value. 


Estimated 
Market Value. 


Amount Invested. 


State Nat'l Bank, Boston 
Tremont Nat'l Bank, Boston . 
Naumkeag Nat'l Bank, Salem 


$8,100, 
800 
4,200 


$9,274 50 

928 00 

6,300 00 


$8,100 00 

800 00 

4,200 00 




$150,500 


$183,960 00 


$150,425 00 



Railroad Bonds. 



Boston and Albany Railroad 6s 
Old Colony Railroad 7s . 
Old Colony Railroad 6s . 
Worcester and Nashua Railroad 5s . 



$50,000 
50,000 
50,000 
50,000 



$200,000 



$56,500 00 
59,125 00 
55,000 00 
50,000 00 



$220,625 00 



$50,000 00 
50,000 00 
50,000 00 
50,000 00 



$200,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



345 



WATERTOWN SAVINGS BANK — WATERTOWN. 

Incorporated 1870. Number of corporators, 18. 

Charles J. Barry, President. Treasurer, Tilden G. Abbott. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



$149,879 35 
1,457 35 
1,300 00 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Loans on real estate 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Safe and furniture 
Cash on hand . 



$152,636 70 



$21,001 25 

13,937 50 

1,600 00 

6,614 00 

91,075 00 

6,293 00 

11,600 00 

1 00 

500 00 

14 95 



$152,636 70 



Loans on Bank Stock, amount on each : — 
On 20 shares Union Market National Bank, Watertown 



$1,600 00 



Cash on Deposit in Bank : - 
Union Market National Bank 



$11,600 00 



Whole amount of interest or profits received or earned . . . $8,977 98 
Rate and amount of each semi-annual dividend for I 2£ per cent . ( 3,376 58 

previous year , . S 2£ per cent . 1 ' 3,331 52 

Times for the dividends fixed by the by-laws : April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 5^ per cent. 
The total amount of loans, with each specified rate of interest: 

$16,293, 5 per cent; $15,600, 6 per cent; $68,625, 7 per cent; 

$1,400, 7 T % per cent ; $23,450, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 63 

Aggregate amount of the same . 66,675 00 

Number of open accounts 630 

Number and amount of deposits received for previous year . 556 35,547 01 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 23 13,070 80 

Number of deposits of $1,000 and upwards .... 6 
Number and amount of deposits of $200 and less ... 37 5,854 09 
Number and amount of deposits of $100 and less . 82 6,830 69 
Number and amount of deposits of $50 and less . . . 403 7,194 67 
Number and amount of deposits held by women . . . 222 14,468 90 
Number and amount of deposits held in trust .... 33 3,964 45 
Number and amount of deposits held by charitable associa- 
tions 10 296 01 

Number and amount of withdrawals 335 33,500 80 

44 






346 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year . . . .112 
Number of accounts closed the previous year .... 92 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: May 9. 



$896 07 
5,000 00 







Public Funds. 








Par Value. 


Estimated 
Market Value. 


Amount InveBted. 


United States 5s, 1881 . 

City and town bonds : - 
City of Auburn, Me. 
of Lewiston, Me. 
of Rockland, Me. 
of Bangor, Me. 
of Newburyport 
Town of Arlington . 
of Watertown 






$5,000 

1,000 
1,000 
1,000 
2,000 
1,000 
4,000 
5,000 


$5,106 25 

1,035 00 
1,090 00 
1,000 00 
2,160 00 
1,090 00 
4,480 00 
5,150 00 


$5,306 25 

1,045 00 
1,060 00 
1,020 00 
2,140 00 
1,050 00 
4,280 00 
5,100 00 








$20,000 


$21,111 25 


$21,001 25 



Bank Stock. 



Commonwealth Nat'l Bank, Boston, 


$2,000 


$2,070 00 


$2,000 00 


Blackstone Nat'l Bank, Boston 


1,500 


1,537 50 


2,100 00 


Metropolitan Nat'l Bank, Boston . 


800 


800 00 


800 00 


Market Nat'l Bank, Boston . 


1,000 


1,010 00 


1,072 50 


Exchange Nat'l Bank, Boston 


1,000 


1,380 00 


1,675 00 


Union Market Nat'l Bank, Water- 








town, including assessment . 


1,900 


1,938 00 


2,176 00 


Continental Nat'l Bank, Boston 


2,000 


2,045 00 


2,100 00 


Webster Nat'l Bank, Boston . 


1,900 


1,995 00 


2,014 00 




$12,100 


$12,775 50 


$13,937 50 



Railroad Bonds. 



Boston and Maine Railroad 7s 
Vermont and Massachusetts R. R. 6s, 
Cheshire Railroad 6s, 1880 . 



$2,000 

400 

4,000 

$6,400 



$2,400 00 

416 00 

4,000 00 

$6,816 00 



$2,200 00 

404 00 

4,010 00 

$6,614 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



347 



WEBSTER FIVE CENTS SAVINGS BANK —WEBSTER. 

Incorporated 1868. Number of corporators, 57. 

Frederick D. Bkowjst, President. Treasurer, Edwin May. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 

Guaranty fund . 



,520 78 
2,622 36 
2,016 91 



$301,160 05 



Public funds . 

Bank stock 

Railroad bonds . ■. 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Deposit in banks on interest 
Expense account . 
Cash on hand . 



$12,440 00 

48,264 00 

17,987 50 

4,400 00 

187,381 47 
15,772 00 

8,000 00 

6,211 *.0 

366 89 

336 39 



$301,160 05 



Cash on Deposit in Bank : — 
First National Bank of Webster 



>,211 80 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 



$4,400 00 

3,300 00 

202 93 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$45,500, 6 per cent; $153,381.47, 6£ per cent; $12,272, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 172 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 1,692 

Number and amount of deposits received for previous year, 1,175 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year ... 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of deposits held by charitable associa 

tions 



:'{ 



$16,198 46 
6,240 27 
5,201 67 



Number and amount of withdrawals . 



55 
6 

64 

133 

879 

512 

2 

6 



664 



156,153 47 
625 00 

76,408 74 

31,824 00 

5,836 45 

11,108 44 

16,406 97 

36,473 27 

50 00 

1,565 00 

270 00 
54,133 57 



348 



BANK COMMISSIONERS' REPORT. [Jan. 



Number of accounts opened the previous year .... 255 
Number of accounts closed the previous year .... 185 
Amount of expenses of the corporation during previous year . . $1,075 00 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : May 15. 

Public Funds. 



Tar Value. 



Estimated 
Market Value. 



Amount Invested. 



United States bonds 



$12,000 



$12,440 00 



$12,440 00 



Bank Stock. 



Quinsigamond Nat'l B'k, Worcest'r, 


$6,100 


$6,405 00 


$7,903 50 


Worcester Nat'l Bank, Worcester . 


8,000 


10,400 00 


11,185 50 


Mechanics' Nat'l Bank, Worcester . 


700 


875 00 


1,001 25 


First Nat'l Bank, Worcester . 


1,200 


1,620 00 


1,740 25 


City Nat'l Bank, Worcester . 


2,000 


2,120 00 


2,520 00 


Southbridge Nat'l B'k, Southbridge, ■ 


500 


650 00 


625 00 


Oxford Nat'l Bank, Oxford . 


2,000 


2,600 00 


2,540 00 


Grafton Nat'l Bank, Grafton . 


1,000 


1,050 00 


1,000 00 


First Nat'l Bank, Webster . 


5,400 


5,670 00 


5,446 00 


Revere Nat'l Bank, Boston 


3,000 


3,465 00 


3,742 50 


Boylston Nat'l Bank, Boston . 


1,900 


2,094 75 


2,277 50 


Shoe and Leather Nat'l B'k, Boston, 


2,000 


2,250 00 


2,405 00 


State Nat'l Bank, Boston 


1,000 


1,167 50 


1,107 50 


Merchants' Nat'l Bank, Boston 


1,000 


1,400 00 


1,322 50 


Webster Nat'l Bank, Boston . 


3,500 


3,657 50 


3,632 50 




$39,300 


$45,424 75 


$48,449 00 


Premium account, less advance on 








stock sold ..... 


- 


- 


185 00 








$48,264 00 



Railroad Bonds. 



Boston and Albany Railroad 
Old Colony Railroad 



$5,000 
10,000 

$15,000 



$6,050 00 
11,937 50 

$17,987 50 



$6,050 00 
11,937 50 

$17,987 50 



1880.] 



PUBLIC DOCUMENT — Xo. 8. 



349 



TVELLELEET SAVINGS BANK* — YTELLFLEET. 

Incorporated March 3, 1863. Number of corporators. 62. 
Richard R. Freeman, President. Treasurer, Thomas Kemp. 

Statement. 



Liabilities. 



Assets. 



Deposits 


S333.129 53 


Bank stock .... 


8246. 6S7 43 


Earnings, undivided . 


19,M51 88 


Real estate .... 


4,002 Si 


Guaranty fund . 


5.796 52 


Real estate bv foreclosure . 


2,000 00 


Bills payable 


7,121 38 


Loans on real estate 


103.168 00 






; Loans on personal security . 


8,292 41 






Deposit in banks on interest . 


1,628 94 






Expense account . 


183 12 






Cash on hand .... 


36 57 




$365,999 31 


5365,999 31 



Cash on Deposit in Bank : — 
Blackstone National Bank, Boston 



$1,628 94 

$4,002 84 

4.000 00 

2.000 00 

2,000 00 

42 40 

$18,736 39 



Amount invested in real estate (for banking purposes) 

Estimated value of the same 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: January and July. 

Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 54 per cent. 
The total amount of loans, with each specified rate of interest : 

$74,298, 6 per cent; $3,600, 64. per cent: $25,612 41. 7 per cent; 

$12,500, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 52 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of 8200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals 

1 An order regulating the payments of deposits for one year, limiting them to an amount not 
exceeding ten per cent each six months, -was issued April S, 1STS. and extended April 5, 1S79, 
to pay twelvaand one-half per cent of the remainder of deposits each six months. 



. 


8.392 41 


. 


11,000 00 


1,133 




43 




136 


19,964 99 


144 


10,267 55 


329 


6,228 99 


419 


110.348 00 


11 


3.S78 16 


96 


44.733 21 


1 


900 69 


988 


04.742 85 



350 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of accounts opened the previous year. 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: Aug. 1. 



$1,209 15 
20,000 00 



Bank Stock. 







Estimated 






Par Value. 




Amount Invested. 






Market Value. 




Shawmut Nat'l Bank, Boston . 


$9,000 


$9,990 00 


$11,400 25 


Webster Nat'l Bank, Boston . 


3,500 


3,648 75 


3,765 75 


Manufacturers' Nat'l Bank, Boston, 


6,100 


5,505 25 


6,939 00 


Eagle Nat'l Bank, Boston 


11,700 


12,343 50 


14,203 25 


Blackstone Nat'l Bank, Boston 


10,000 


10,275 00 


13,508 00 


Atlas Nat'l Bank, Boston 


13,500 


16,065 00 


16,538 75 


Boylston Nat'l Bank, Boston . 


3,600 


3,807 00 


4,644 00 


Faneuil Hall Nat'l Bank, Boston . 


4,000 


4,930 00 


4,933 00 


Shoe and Leather Nat'l B'k, Boston, 


800 


844 00 


960 00 


Second Nat'l Bank, Boston 


2,200 


3,030 50 


3,195 50 


Boston Nat'l Bank, Boston 


1,000 


1,022 50 


1,180 00 


Howard Nat'l Bank, Boston . 


1,500 


1,702 50 


1,728 75 


Traders' Nat'l Bank, Boston . 


1,100 


1,111 00 


1,265 00 


Third Nat'l Bank, Boston 


10,000 


8,500 00 


11,501 92 


State Nat'l Bank, Boston 


10,100 


11,564 50 


11,033 25 


Old Boston Nat'l Bank, Boston 


2,500 


3,250 00 


3,675 00 


Suffolk Nat'l Bank, Boston 


3,000 


3,401 25 


3,612 50 


Globe Nat'l Bank, Boston 


4,200 


4,357 50 


5,469 25 


New England Nat'l Bank, Boston . 


2,500 


3,331 25 


4,318 75 


Tremont Nat'l Bank, Boston . 


10,000 


11,600 00 


12,923 25 


Mount Vernon Nat'l Bank, Boston . 


2,000 


1,905 00 


2,540 00 


Continental Nat'l Bank, Boston 


14,500 


14,790 00 


17,362 00 


North Nat'l Bank, Boston 


3,500 


4,305 00 


4,210 62£ 


Eliot Nat'l Bank, Boston 


15,600 


16,380 00 


19,066 75 


Freeman's Nat'l Bank, Boston 


8,500 


8,925 00 


10,126 50 


Central Nat'l Bank, Boston . 


7,500 


7,275 00 


7,608 75 


Hide and Leather Nat'l B'k, Boston, 


10,000. 


10,987 50 


12,214 51 


Union Nat'l Bank, Boston 


2,300 


2,995 75 


2,773 25 


Hamilton Nat'l Bank, Boston . 


8,600 


9,460 00 


10,222 25 


Revere Nat'l Bank, Boston 


1,800 


1,908 00 


1,998 00 


Provincetown Nat'l B'k, Provincet'n, 


2,400 


3,360 00 


2,531 50 


Republic Nat'l Bank, Boston 


13,700 


16,679 00 


14,579 37£ 


Commerce Nat'l Bank, Boston 


3,000 


3,307 50 


4,658 75 




$203,700 


$222,557 25 


$246,687 43 



1880.] 



PUBLIC DOCUMENT — No. 8. 



351 



WESTBOROUGH SAVINGS BANK — WESTBOROUGH. 

Incorporated Feb. 9, 1869. Number of corporators, 67. 
Cyrus Fay, President. Treasurer t George O. Brigham. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided 
Guaranty fund . 
Suspense account 



$357,671 97 

3,728 14 

2,945 00 

206 94 



Public funds . 

Bank stock 

Loans on bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Expense account . 
Cash on hand . 



$364,552 05 



$10,500 00 

50,790 00 

300 00 

3,000 00 

4,079 55 

238,705 00 

41,042 00 

6,000 00 

5 00 

10,130 50 



$364,552 05 



Loans on Bank Stock, amount on each : — 
First National Bank, Westborough, par value $3,000 



$300 00 



Cash on Deposit in Bank : — 
First National Bank, Westborough 



$10,130 50 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amount of municipal tax on real estate 

Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent . ( 

previous year . . ) 2£ per cent . 1 

Times for the dividends fixed by the by-laws : Feb. 1 and Aug. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 4£ per cent. 
The total amount of loans, with each specified rate of interest: 

$31,000, 6 per cent; $249,047, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 179 

Aggregate amount of the same 

Number of open accounts 1,212 

Number and amount of deposits received for previous year . 937 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 62 

Number of deposits of $1,000 and upwards .... 120 
Number and amount of deposits of $200 and less . . . 158 
Number and amount of deposits of $100 and less . . . 129 
Number and amount of deposits of $50 and less . . . 370 
Number and amount of deposits held by women . . . 605 



$4,079 55 


5,200 00 


342 00 


42 03 


$16,037 58 


6,373 44 


8,145 07 



186,847 00 

87,929 22 

31,740 63 

22,129 03 

9,633 88 

2,730 60 

168,832 45 



352 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by guardians ... 5 
Number and amount of deposits held in trust .... 28 
Number and amount of deposits held by charitable associa- 
tions 13 



Number and amount of withdrawals 

Number of accounts opened the previous year. 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : May 27. 



718 
232 
157 



$1,872 84 
11,045 06 

3,445 66 
63,016 83 



742 90 
10,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


City and town bonds : — 
Town of Westborough . 
City of Rockland, Me. . 


$8,000 
2,500 


$8,360 00 
2,200 00 


$8,000 00 
2,500 00 




$10,500 


$10,560 00 


$10,500 00 



Bank Stock. 



Tremont Nat'l Bank, Boston . 


$3,600 


$4,000 00 


$3,600 00 


Globe Nat'l Bank, Boston 


1,600 


1,660 00 


1,600 00 


Redemption Nat'l Bank, Boston 


2,000 


2,400 00 


2,000 00 


Everett Nat'l Bank, Boston . 


3,000 


3,000 00 


3,000 00 


Merchants' Nat'l Bank, Boston 


4,200 


5,750 00 


4,200 00 


New England Nat'l Bank, Boston . 


600 


800 00 


600 00 


Commerce Nat'l Bank, Boston 


800 


900 00 


800 00 


Traders' Nat'l Bank, Boston . 


5,500 


5,550 00 


5,500 00 


Hide and Leather Nat'l B'k, Boston, 


1,900 


2,075 00 


1,900 00 


Republic Nat'l Bank, Boston . 


1,000 


1,200 00 


1,000 00 


First Nat'l Bank, Westborough 


16,400 


18,500 00 


18,040 00 


Millbury Nat'l Bank, Millbury 


2,000 


2,300 00 


2,200 00 


Marlborough Nat'l Bank, Marlboro', 


3,000 


3,750 00 


3,450 00 


Northborough Nat'l B'k, Northboro', 


2,000 


2,200 00 


2,400 00 


Grafton Nat'l Bank, Grafton . 


500 


550 00 


500 00 




$48,100 


$54,635 00 


$50,790 00 



Railroad Bonds. 



Boston, Clinton, and Fitchburg Rail- 
road 7s 

Fitchburg Railroad 6s 



$2,000 
1,000 

$3,000 



$2,100 00 
1,100 00 

$3,200 00 



$2,000 00 
1,000 00 

$3,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



353 



WESTFIELD SAYINGS BANK — WESTFIELD. 

Incorporated 1853. Number of corporators, 55. 
Samuel Fowler, President. Treasurer, V. W. Crowson. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 
Guaranty fund . 
Other liabilities . 



$706,505 25 

21,004 58 

5,268 79 

459 80 



$733,238 42 



Public funds . 

Bank stock 

Loans on bank stock 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Suspense account . 
Deferred premium account 
Deferred profit and loss 

account . . . 
Other assets . 
Cash on hand . 



$128,000 00 
53,600 00 
11,246 67 
15,150 00 
401,692 25 
53,059 07 

25,000 00 

• 3,259 36 

9,600 11 

15,245 25 

752 49 

16,633 22 



$733,238 42 



Loans on Bank Stock, amount on each : — 
On 115 shares First National Bank, Westfield 

Cash on Deposit in Bank : — 
First National Bank, Westfield . 



Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 

Amottnt of municipal tax on real estate 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 1\ per cent . ( 

previous year S 2\ per cent . I 

Times for the dividends fixed by the by-laws: Jan. 10 and July 10. 
The total amount of loans, with each specified rate of interest: 

$491,463.89, 6£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 213 

Aggregate amount of the same 

Number of open accounts 2,331 

Number and amount of deposits received for previous year, 5,646 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year ' 118 

Number of deposits of $1,000 and upwards .... 334 
Number and amount of deposits of $200 and less . . . 290 
Number and amount of deposits of $100 and less . . . 266 
Number and amount of deposits of $50 and less . . . 832 
Number and amount of deposits held by women . . 1,240 
Number and amount of deposits held by guardians ... 14 

45 



$11,246 67 

$13,178 62 

$15,150 00 

14,500 00 

296 80 

217 50 

$44,955 22 
16,839 00 
17,042 88 



228,367 30 

162,997 02 

68,945 76 

41,678 66 

18,226 75 

14,282 98 

341,681 26 

6,040 89 



354 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held in trust .... 105 $66,971 62 
Number and amount of deposits held by charitable associa- 
tions 26 

Number and amount of withdrawals .... 1,430 

Number of accounts opened the previous year .... 316 
Number of accounts closed the previous year . . . . 302 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner: July 8. 



13,311 47 
136,277 68 



1,429 09 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 5s, 1881 . 
" " 6s, 1881 . 
" " 4s . 
" " 4|s . 
" u currency 6s 


$12,500 

3,500 

52,000 

20,000 

40,000 


$12,750 00 

3,675 00 

53,040 00 

21,000 00 

48,800 00 


$12,500 00 

3,500 00 

52,000 00 

20,000 00 

40,000 00 




$128,000 


$139,265 00 


$128,000 00 


Bank 


Stock. 






First Nat'l Bank, Westfield . 
Hampden Nat'l Bank, Westfield 
Hampshire Co. Natl B'k, Northamp'n, 
Agawam Nat'l Bank, Springfield . 
City Nat'l Bank, Springfield . 


$42,200 

200 

3,000 

3,200 

5,000 


$57,814 00 

290 00 

3,480 00 

3,680 00 

5,000 00 


$42,200 00 

200 00 

3,000 00 

3,200 00 

5,000 00 




$53,600 


$70,264 00 


$53,600 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



355 



WEYMOUTH SAVINGS BANK i — WEYMOUTH. 
Incorporated 1833. Number of corporators, 65. 



Eben Denton, President. 



Treasurer, Charles T. Crane. 



Statement. 



Liabilities. 


Assets. 


Deposits 


$760,601 70 


Public funds .... 


$39,769 86 


Earnings, undivided . 


42,065 12 


Bank stock .... 


69,400 00 


Guaranty fund . 


7,062 00 


Real estate by foreclosure . 


215,215 50 






Loans on real estate 


310,248 00 






Loans on personal security . 


119,347 00 






Deposit in banks on interest . 


18,769 16 






Expense account . 


1,762 61 






Land stock .... 


5,000 00 






Suspense account . 


21,450 00 






Rent account .... 


5,428 37 






Cash on hand .... 


3,338 32 




$809,728 82 


$809,728 82 



Cash on Deposit in Banks : — 

New England Trust Company 

Union National Bank, Weymouth .... 

Amount of real estate held by foreclosure 

Assessed value of the same 

Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: January and July. 

Average annual per cent of dividends for the term ending at time 

of, and including, last extra dividend: 7| per cent. 
The total amount of loans, with each specified rate of interest: 

$29,769, 4 per cent; $4,000, 5 per cent; $91,229, 6 per cent; 

$78,648, 6£ per cent; $47,589, 7 per cent; $17,572, 7 t 3 q percent; 

$104,624, 7i per cent; $83,033, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 270 

Aggregate amount of the same 

Amount of investments from which no income is received 

Number of open accounts 

Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust . 



$18,769 16 
2,977 36 

$215,215 50 

166,210 00 

7,148 69 

2,255 60 

$45,346 49 



2,274 
138 
305 
245 
590 

1,091 

9 

123 



1 An order was issued May 20, 1879, limiting payments to depositors to ten per 
months while this order shall remain in force, unless otherwise modified. 

2 Passed hoth dividends. 



301,971 00 

57,073 00 



44,262 11 
18,331 96 
11,963 36 
334,571 15 
3,303 57 
54,105 45 

cent each six 






356 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by charitable associa- 
tions 15 $12,370 52 

Number and amount of withdrawals 1,607 71,363 16 

Number of accounts closed the previous year .... 61 

Amount of expenses of the corporation during previous year . . 3,226 98 

Amount of treasurer's bonds 25,000 00 

Date of examination by commissioner : May 15. 



Public 


3 Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 1881 
" " 4s . 


$10,000 
30,000 


$10,537 50 
30,637 50 


$10,000 00 
29,769 86 




$40,000 


$41,175 00 


$39,769 86 



Bank Stock. 



Union Nat'l Bank, Weymouth 


$37,400 


$38,615 50 


$37,400 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,325 00 


7,500 00 


Washington Nat'l Bank, Boston 


4,000 


5,160 00 


4,000 00 


Traders' Nat'l Bank, Boston . 


4,000 


4,050 00 


4,000 00 


Webster Nat'l Bank, Boston . 


2,700 


2,808 00 


2,700 00 


Boston Nat'l Bank, Boston 


2,700 


2,760 75 


2,700 00 


Republic Nat'l Bank, Boston . 


3,000 


3,630 00 


3,000 00 


Exchange Nat'l Bank, Boston 


1,500 


2,070 00 


1,500 00 


Merchants' Nat'l Bank, Boston 


1,200 


1,629 00 


1,200 00 


North Nat'l Bank, Boston 


1,400 


1,722 00 


1,400 00 


Metropolitan Nat'l Bank, Boston . 


2,000 


2,000 00 


2,000 00 


Merchandise Nat'l Bank, Boston . 


2,000 


1,925 00 


2,000 00 




$69,400 


$74,695 25 


$69,400 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



357 



WHITINSVILLE SAVINGS BANK — WHITINSVILLE. 

Incorporated 1872. Number of corporators, 58. 
John C. Whitin, President. Treasurer, H. A. Goodell. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$174,707 50 
4,750 68 
1,090 36 


Public funds .... 
Bank stock . . . . 
Railroad bonds 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Expense account . 


$15,770 00 
61,762 04 
5,200 00 
69,305 00 
10,000 00 
17,843 74 
667 76 




$180,548 54 


$180,548 54 



Cash on Deposit in Bank : — 
Whitinsville National Bank, Whitinsville . 



. $17,843 74 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
The total amount of loans, with each specified rate of interest: 

$6,000, 4£ per cent; $8,000, 5 per cent; $63,950, 6 per cent; 

$6,100, 6$ per cent; $11,255, 7 per cent; $4,000, 7£ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 43 

Aggregate amount of the same 

Number of open accounts 603 

Number and amount of deposits received for previous year . 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less 
Number and amount of deposits of $100 and less 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . 
Number and amount of withdrawals . 
Number of accounts opened the previous year . 
Number of accounts closed the previous year . 
Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: May 12. 



:i 



^8,139 78 
2,934 96 
3,085 87 



44,155 00 



430 


45,720 02 


39 


17,970 00 


32 




96 


13,295 86 


57 


3,914 45 


171 


3,274 21 


276 


74,120 52 


5 


1,619 79 


20 


10,298 26 


311 


37,671 58 


114 




74 




. 


200 00 




20,000 00 



358 



BANK COMMISSIONERS' REPORT. [Jan. 

Public Funds. 



Par Value. 



Estimated 
Market Value. 



Amount Invested. 



City and town bonds: — 
City of Norwich, Conn. . 

of Fall River . 

of Manchester, N.H. 
Town of Northbridge 



$1,000 
5,000 
3,000 
6,000 



$1,030 00 
5,500 00 
3,270 00 
6,000 00 



$15,000 



$15,800 00 



$1,000 00 
5,500 00 
3,270 00 
6,000 00 



$15,770 00 



Bank Stock. 



Atlantic Nat'l Bank, Boston . 


$3,900 


$5,460 00 


$5,640 75 


Atlas Nat'l Bank, Boston 


2,000 


2,400 00 


2,492 50 


Blackstone Nat'l Bank, Boston 


2,000 


2,060 00 


2,651 17 


Boylston Nat'l Bank, Boston . 


2,000 


2,115 00 


2,998 00 


Columbian Nat'l Bank, Boston 


1,600 


2,200 00 


2,225 00 


Commonwealth Nat'l Bank, Boston, 


2,500 


2,550 00 


3,237 50 


Commerce Nat'l Bank, Boston 


1,125 


1,237 50 


1,364 00 


Everett Nat'l Bank, Boston . 


2,000 


2,010 00 


2,645 00 


Eliot Nat'l Bank, Boston 


1,000 


1,082 50 


1,167 50 


Exchange Nat'l Bank, Boston 


1,000 


1,400 00 


1,740 00 


Faneuil Hall Nat'l Bank, Boston . 


1,000 


1,230 00 


1,398 75 


Freeman's Nat'l Bank, Boston 


2,500 


2,625 00 


3,360 25 


Massachusetts Nat'l Bank, Boston . 


3,000 


3,240 00 


3,760 62 


Merchants' Nat'l Bank, Boston 


4,200 


5,654 00 


6,055 75 


Millbury Nat'l Bank, Millbury 


3,000 


3,450 00 


3,541 75 


Northborough Nat'l B'k, Northboro', 


1,600 


1,920 00 


2,0S0 00 


New England Nat'l Bank, Boston . 


1,000 


1,332 50 


1,485 00 


North Nat'l Bank, Boston 


2,500 


3,075 00 


3,243 75 


Revere Nat'l Bank, Boston 


1,900 


2,014 00 


2,369 75 


Redemption Nat'l Bank, Boston 


4,000 


5,000 00 


6,027 50 


Webster Nat'l Bank, Boston . 


2,000 


2,095 00 


2,277 50 




$45,'825 


$54,152 50 


$61,762 04 



Railroad Bonds. 



Old Colony Railroad 




$5,450 00 



$5,200 00 



1880.] 



PUBLIC DOCUMENT— No. 8. 



359 



WINCHENDON SAVINGS BANK — WINCHENDON. 

Incorporated 1854. Number of corporators, 124. 
Orlando Mason, President. Treasurer, C. L. Beals. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$471,737 49 


Public funds .... 


$8,000 00 


Earnings, undivided . 


14,430 05 


Bank stock .... 


87,100 00 


Guaranty fund . 


6,860 00 


Loans on bank stock 


9,140 61 






Railroad bonds 


21,000 00 






Real estate by foreclosure . 


4,300 00 






Loans on real estate 


225, 340 68 






Loans on personal security . 


103,025 81 






Deposit in banks on interest . 


13,441 16 






Premium account . 


8,000 00 






Furniture account . 


1,200 00 






Cash on hand .... 


12,479 28 




$493,027 54 


$493,027 54 



Loans on Bank Stock, amount on each : — 
On 2 shares Quinsigamond and 2 shares State National Bank . 
On 115 shares First National Bank, Winchendon 

Cash on Deposit in Bank : — 
First National Bank, Winchendon 

Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 

Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : May 1 and Nov. 1. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 7 per cent. 
The total amount of loans, with each specified rate of interest : 

$7,075, 5 per cent; $170,400, 6 per cent; $160,032.10, 6^ per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 169 

Aggregate amount of the same 

Number of open accounts 1,653 

Number and amount of deposits received for previous year . 560 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . 30 

Number of deposits of $1,000 and upwards .... 104 
Number and amount of deposits of $200 and less . . .211 
Number and amount of deposits of $100 and less . . . 179 
Number and amount of deposits of $50 and less . . . 594 
Number and amount of deposits held by women . . . 837 



$379 50 
8,761 11 


$13,441 16 


$4,300 00 

5,665 00 

342 00 

87 79 


$30,806 70 

9,584 56 

10,406 25 



129,932 10 

60,034 08 

15,324 15 

29,837 12 

11,564 43 

10,144 76 

216,845 43 



360 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits held by guardians 

Number and amount of deposits held in trust . 

Number and amount of withdrawals . 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 16. 



12 

20 

826 

90 

227 



$4,200 67 

8,359 20 

120,942 40 



849 47 
50,000 00 





Public 


Funds. 








Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bonds, 1881 


• 


$8,000 


$8,400 00 


$8,000 00 



Bank Stock. 



First Nat'l Bank Winchendon 


$31,600 


$39,500 00 


$31,600 00 


First Nat'l Bank, Leominster . 


6,500 


6,740 00 


6,500 00 


First Nat'l Bank, Boston 


1,600 


2,800 00 


1,600 00 


Mechanics' Nat'l Bank, Boston 


3,400 


3,604 00 


3,400 00 


Eliot Nat'l Bank, Boston 


6,700 


6,901 00 


6,700 00 


Faneuil Hall Nat'l Bank, Boston . 


4,800 


5,664 00 


4,800 00 


Merchants' Nat'l Bank, Boston 


10,000 


13,000 00 


10,000 00 


Commonwealth Nat'l Bank, Boston, 


2,500 


2,500 00 


2,500 00 


Redemption Nat'l Bank, Boston 


10,000 


11,800 00. 


10,000 00 


Rollstone Nat'l Bank, Fitchburg . 


9,000 


13,500 00 


9,000 00 


Fitchburg Nat'l Bank, Fitchburg . 


1,000 


1,400 00 


1,000 00 




$87,100 


$107,409 00 


$87,100 00 



Railroad Bonds. 



Cheshire Railroad , 
Fitchburg Railroad 



$6,000 
15,000 



$21,000 



$6,180 00 
15,900 00 



$22,080 00 



$6,000 00 
15,000 00 



$21,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



361 



WINCHESTER SAVINGS BANK — WINCHESTER. 

Incorporated March 3, 1871. Number of corporators, 33. 

David N. Skillings, President. Treasurer, John T. Manny. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided . 
Guaranty fund . 
Premium account 



$142,174 75 

840 67 

1,476 36 

593 75 



$145,085 53 



Public funds . 

Bank stock 

Railroad bonds 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns 

Deposit in banks on interest 
Cash on hand . 



$10,835 00 
4,148 25 
2,162 50 
2,027 05 
79,462 66 
6,762 00 

35,000 00 

4,679 37 

8 70 



$145,085 53 



Cash on Deposit in Bank : - 
Eliot National Bank, Boston 



$4,679 37 



Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for i 1\ per cent 

previous year J 2£ per cent 

Times for the dividends fixed by the by-laws : third Wednesday of 

April and October. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6 per cent. 
The total amount of loans, with each specified rate of interest: 

$50,144, 6 per cent; $9,500, 6£ per cent; $50,525, 7 per cent; 

$9,350, 7£ per cent; $2,743, 8 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 28 

Aggregate amount of the same 

Number of open accounts ........ 634 

Number and amount of deposits received for previous year . 656 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year . . ... . .20 

Number of deposits of $1,000 and upwards .... 45 

Number and amount of deposits of $200 and less . . . 106 
Number and amount of deposits of $100 and less ... 76 
Number and amount of deposits of $50 and less . • . 250 
Number and amount of deposits held by women . . . 284 
Number and amount of deposits held by guardians . . .1 
Number and amount of deposits held in trust .... 71 

46 



$2,027 05 


2,000 00 


156 00 


26 57 


$8,689 54 


3,021 40 


3,301 84 



34,720 00 

36,453 21 

9,920 58 

15,156 42 
5,186 12 
3,843 98 

61,820 21 
260 30 

18,766 59 



362 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner : May 24. 



358 

111 

57 



$29,837 68 



524 80 

5,000 00 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


State bonds, New Hampshire 6s 

City and town bonds : — 
City of Portland, Me., 6s 
Town of Woburn 6s 
City of Chelsea 6s . 


$2,000 

2,000 
3,000 
3,000 


$2,200 00 

2,140 00 
3,600 00 
3,600 00 


$2,170 00 

2,140 00 
3,255 00 
3,270 00 




$10,000 


$11,540 00 


$10,835 00 


Bank 


Stock. 






Metropolitan Nat'l Bank, Boston . 
Atlas Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
State Nat'l Bank, Boston 


$2,000 

1,000 

500 

300 

200 


$2,000 00 

1,175 00 

535 00 

342 00 

234 00 


$2,000 00 

1,095 00 

525 00 

305 25 

223 00 




$4,000 


$4,286 00 


$4,148 25 


Railroad Bonds. 


Boston and Albany Railroad 6s 


$2,000 


$2,250 00 


$2,162 50 



1880.] 



PUBLIC DOCUMENT — No. 8. 



363 



WOBURN FIVE CENTS SAVINGS BANK* — WOBURN. 

Incorporated April 11, 1854. Number of corporators, 11. 

John Cummings, President. Treasurer, James N . Dow. 

Statement. 



Liabilities. 


Assets. 


Deposits 

Earnings, undivided . 

Guaranty fund . 


$458,417 27 

32,582 00 

1,283 75 


Public funds .... 
Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Deposit in banks on interest . 
Cash on hand .... 


$536 00 

194,671 15 

55,908 20 

101,577 16 

81,502 00 

57,760 84 

327 67 




$492,283 02 


$492,283 02 



Loans on Public Funds, amount on each: — 
On $50,000 Boston 6s > 
On $25,000 Fall River 5s }' 

Cash on Deposit in Bank : — 
First National Bank, Woburn . 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$75,952 00 



$57,760 84 

$55,908 20 

63,800 00 

934 89 

821 30 

$29,504 08 



Whole amount of interest or profits received or earned 

Times for the dividends fixed by the by-laws: January and July. 

The total amount of loans, with each specified rate of interest: 
$57,760.84, 2i per cent; $75,952, 3 per cent; $5,000, 5 per cent; 
$2,700, 6 per cent; $77,742.90, 7 per cent; $400, 7 T 3 7 per cent ; 
$5,750, 7£ per cent; $15,534.26, 8 per cent. 

Number of outstanding loans which are of an amount not 
exceeding $3,000 each 65 

Aggregate amount of the same 66,084 26 

Amount of investments from which no income is received . . 4,300 00 

Number of open accounts 

Number of deposits of $1,000 and upwards 

Number and amount of deposits of $200 and less 

Number and amount of deposits of $100 and less 

Number and amount of deposits of $50 and less 

Number and amount of deposits held by women 

Number and amount of deposits held by guardians . 

Number and amount of deposits held in trust . 

Number and amount of deposits held by charitable associa- 
tions 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : March 27. 

1 Temporarily enjoined by a decree of Supreme Judicial Court Jan . 2, 1878. 



2,370 




127 




278 


39,591 60 


272 


19,646 00 


1,190 


11,062 83 


1,227 


223,359 24 


8 


4,764 32 


23 


6,666 71 


4 


192 84 


• 


1,401 19 






364 



BANK COMMISSIONERS' REPORT. [Jan. 

Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States bond, 1881 


$500 


$528 75 


$536 00 


Bank Stock. 



Atlas Nat'l Bank, Boston 
Blackstone Nat'l Bank, Boston 
Boston Nat'l Bank, Boston 
Continental Nat'l Bank, Boston 
Commerce Nat'l Bank, Boston 
Eliot Nat'l Bank, Boston 
Eleventh Ward Nat'l Bank, Boston 
Faneuil Hall Nat'l Bank, Boston 
Hide and Leather Nat'l B'k, Boston 
Howard Nat'l Bank, Boston . 
New England Nat'l Bank, Boston 
State Nat'l Bank, Boston 
Second Nat'l Bank, Boston 
Shawmut Nat'l Bank, Boston . 
Shoe and Leather Nat'l B'k, Boston 
Third Nat'l Bank, Boston 
Webster Nat'l Bank, Boston . 
First Nat'l Bank, Woburn 



$18,000 

15,500 
5,000 

11,700 
1,200 
5,000 
5,333£ 
5,500 

12,800 
2,500 

16,500 
4,100 
2,000 
5,000 

16,500 
1,000 
1,000 

25,000 



$153,633 



$21,600 00 

15,965 00 
5,250 00 

12,051 00 

1,368 00 

5,300 00 

In liquidation 

6,765 00 

14,208 00 
2,850 00 

22,935 00 
4,838 00 
2,600 00 
5,600 00 

17,325 00 
1,000 00 
1,050 00 

32,500 00 



$173,205 00 



$21,295 00 

20,206 00 
6,612 50 

14,408 25 
1,515 00 
5,950 00 
5,866 65 
7,125 25 

13,642 25 
2,831 25 

23,452 50 
4,492 50 
3,205 00 
6,268 75 

22,113 75 
1,152 50 
1,050 00 

33,484 00 



$194,671 15 



1880.] 



PUBLIC DOCUMENT — No. 8. 



365 



WORCESTER COUNTY INSTITUTION FOR SAVINGS — WORCESTER. 

Incorporated February, 1828. Number of corporators, 190. 
Alexander H. Bullock, President. Treasurer, Charles A, Chase. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$7,105,238 37 


Public funds . 


$1,748,300 00 


Earnings, undivided . 


40,000 00 


Loans on public funds . 


146,000 00 


Guaranty fund . 


67,500 00 


Bank stock . . . . 


791,050 00 


Interest account 


153,932 07 


Loans on bank stock 


2,100 00 


Profit and loss . 


1,986 96 


Railroad bonds 


689,000 00 






Real estate by foreclosure . 


140,213 37 






Loans on real estate 


2,826,072 73 






Loans on personal security . 


87,750 00 






Loans to counties, cities, or 








towns 


717,200 00 






Deposit in banks on interest . 


202,755 41 






Expense account . 


4,109 77 






Suspense account . 


1,541 82 






Cash on hand ... 


12,564 30 




$7,368,657 40 


$7,368,657 40 



Loans on Public Funds, amount on each : — 
On $100,000 City of Providence bonds 
On $46,000 City of Chelsea note 



Loans on Bank Stock, amount on each: — 
On 16 shares First National Bank, Leominster. 
On 5 shares Central National Bank, Worcester . 

Cash on Deposit in Banks : — 
Worcester National Bank .... 
Wachusett National Bank .... 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$100,000 00 
*46,000 00 



$1,600 00 
500 00 



$177,755 41 
25,000 00 

$140,213 37 

123,600 00 

1,861 50 

1,927 57 



$373,768 01 
161,964 63 
132,881 45 



Whole amount of interest or profits received 

Rate and amount of each semi-annual dividend for \ 2£ per cent . j 

previous year ) 2 per cent . t 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest: 

$17,000, 3i per cent; $101,500, 3£ per cent; $579,800, 4 per cent; 

$139,500, 4£ per cent; $16,000, 4| per cent; $631,200, 5 per cent; 

$12,000, 5i per cent; $79,500, 5i per cent; $2,826,072.73, 6 per 

cent; $10,000, 6i per cent; $372,000, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 747 

Aggregate amount of the same . . 936,748 83 

Number of open accounts 17,134 



366 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number and amount of deposits received for previous year, 9,433 $882,825 85 
Number and amount of deposits of and exceeding $300 at any 



one time for the previous year 832 

Number of deposits of $1,000 and upwards . . . 2,012 
Number and amount of deposits of $200 and less . . 2,058 
Number and amount of deposits of $100 and less . . 1,616 
Number and amount of deposits of $50 and less . . 3,576 
Number and amount of deposits held by women . . 9,118 
Number and amount of deposits held by guardians . .211 
Number and amount of deposits held in trust. . . . 491 
Number and amount of deposits held by charitable associa- 
tions 9 

Number and amount of withdrawals .... 8,962 

Number of accounts opened the previous year . . 2,187 

Number of accounts closed the previous year . . . 1,538 
Amount of expenses of the corporation during previous year. 

Amount of treasurer's bonds 

Date of examination by commissioner : June 25. 

Public Funds. 



440,258 00 

290,963 00 

118,936 00 

79,013 00 

3,570,348 00 

94,090 00 

220,044 00 

7,333 00 

795,088 23 



13,783 63 
50,000 00 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$320,000 


$336,800 00 


$320,000 00 


U t< 4.1q 


50,000 


52,625 00 


50,000 00 


" " 4s . 


553,800 


568,338 00 


553,800 00 


State bonds : — 








State of Maine .... 


20,000 


22,900 00 


20,000 00 


of Rhode Island 


77,000 


81,235 00 


77,000 00 


City and town bonds : — 








City of Worcester 6s 


114,500 


124,600 00 


114,500 00 


of Worcester 5s 








111,000 


117,345 00 


111,000 00 


of Boston 5s . 








44,000 


44,000 00 


44.000 00 


of Roxbury 5s . 








26,000 


26,000 00 


26,000 00 


of Newton 6s . 








40,000 


47,000 00 


40,000 00 


of Lynn 6s 








50,000 


56,000 00 


50,000 00 


of Lowell 6s . 








30,000 


33,300 00 


30,000 00 


of New Bedford 6s 








5,000 


5,850 00 


5,000 00 


of New London, Conn., 7 


r s 




25,000 


30,000 00 


25,000 00 


of Norwich, Conn., 7s 






25,000 


25,500 00 


25,000 00 


of Meriden, Conn., 7s 






26,000 


29,900 00 


26,000 00 


of Manchester, N.H., 6s 






38,000 


41,800 00 


38,000 00 


of Nashua, N.H., 6s 






33,000 


36,300 00 


33,000 00 


of Fitch burg 6s 






35,000 


38,850 00 


35,000 00 


of Somerville 6£s 






10,000 


10,600 00 


10,000 00 


of Providence, R.I., 4|s 






50,000 


51,500 00 


50,000 00 


Town of Grafton 5s 






1,000 


1,000 00 


1,000 00 


of Westborough 5s 






21,000 


21,840 00 


21,000 00 


of Brookline 7s 






20,000 


25,000 00 


20,000 00 


of Northampton 6s 






13,000 


14,430 00 


13,000 00 


of Natick 7s . 






10,000 


10,850 00 


10,000 00 




81,748,300 


$1,853,563 00 


$1,748,300 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 
Bank Stock. 



367 







Estimated 




, 


Par Value. 


Market Value. 


Amount Invested. 


Atlantic Nat'l Bank, Boston . 


^5,400 


$7,560 00 


$5,400 00 


Atlas Nat'l Bank, Boston 


37,500 


44 


250 00 


37 


500 00 


Blackstone Nat'l Bank, Boston 


13,800 


14 


076 00 


13 


800 00 


Boylston Nat'l Bank, Boston . 


1,400 


1 


484 00 


1 


400 00 


Columbian Nat'l Bank, Boston 


5,400 


7 


290 00 


5 


400 00 


Continental Nat'l Bank, Boston 


12,000 


12 


240 00 


12 


000 00 


Eliot Nat'l Bank, Boston 


9,000 


9 


630 00 


9 


000 00 


Faneuil Hall Nat'l Bank, Boston . 


2,000 


2 


460 00 


2 


000 00 


First Nat'l Bank, Boston 


25,000 


45 


000 00 


25 


000 00 


Freeman's Nat'l Bank, Boston 


17,200 


19 


393 00 


17 


200 00 


Globe Nat'l Bank, Boston 


3,100 


3 


193 00 


3 


100 00 


Hamilton Nat'l Bank, Boston . 


18,000 


19 


800 00 


18 


000 00 


Howard Nat'l Bank, Boston . 


15,000 


16 


950 00 


15 


000 00 


Market Nat'l Bank, Boston . 


7,400 


7 


474 00 


7 


400 00 


Massachusetts Nat'l Bank, Boston . 


11,000 


11 


880 00 


11 


000 00 


Merchants' Nat'l Bank, Boston 


12,500 


16 


875 00 


12 


500 00 


New England Nat'l Bank, Boston . 


19,900 


26 


268 00 


19 


900 00 


North Nat'l Bank, Boston 


4,700 


5 


922 00 


4 


700 00 


Old Boston Nat'l Bank, Boston 


3,250 


4 


225 00 


3 


250 00 


Second Nat'l Bank, Boston 


35,200 


47. 


520 00 


35 


200 00 


Shawmut Nat'l Bank, Boston . 


17,300 


19 


030 00 


17 


300 00 


Shoe and Leather Nat'l B'k, Boston, 


13,400 


14 


338 00 


13 


400 00 


State Nat'l Bank, Boston 


11,300 


13 


334 00 


11 


300 00 


Suffolk Nat'l Bank, Boston , 


3,400 


3 


910 00 


3 


400 00 


Tremont Nat'l Bank, Boston . 


15,600 


18 


096 00 


15 


600 00 


Washington Nat'l Bank, Boston 


19,000 


24 


510 00 


19 


000 00 


Commerce Nat'l Bank, Boston 


18,000 


20 


700 00 


18 


000 00 


North America Nat'l Bank, Boston, 


7,800 


8 


580 00 


7 


800 00 


Redemption Nat'l Bank, Boston 


9,300 


11 


160 00 


9 


300 00 


Republic Nat'l Bank, Boston . 


21,000 


25 


410 00 


21 


000 00 


City Nat'l Bank, Boston 


20,800 


23 


920 00 


20 


800 00 


Eagle Nat'l Bank, Boston 


11,000 


11 


550 00 


11 


000 00 


Exchange Nat'l Bank, Boston 


4,900 


6 


762 00 


4 


900 00 


Hide and Leather Nat'l B'k, Boston, 


30,800 


33 


880 00 


30 


800 00 


Revere Nat'l Bank, Boston 


37,500 


43 


500 00 


37 


500 00 


Union Nat'l Bank, Boston 


7,100 


9 


372 00 


7 


100 00 


Webster Nat'l Bank, Boston . 


30,000 


31 


350 00 


30 


000 00 


Blackstone Nat'l Bank, Uxbridge . 


1,000 


1 


250 00 


1 


000 00 


Fitchburg Nat'l Bank, Fitchburg . 


5,100 


7 


650 00 


5 


100 00 


Grafton Nat'l Bank, Grafton . 


4,500 


4 


860 00 


4 


500 00 


Lancaster Nat'l Bank, Lancaster . 


2,300 


2 


484 00 


2 


300 00 


Leicester Nat'l Bank, Leicester 


5,500 


6 


050 00 


5 


500 00 


Millbury Nat'l Bank, Millbury 


10,800 


12 


420 00 


10 


800 00 


Oxford Nat'l Bank, Oxford . 


4,800 


5 


600 00 


4 


800 00 


Southbridge Nat'l B'k, Southbridge, 


3,000 


3 


900 00 


3 


000 00 


Ware Nat'l Bank, Ware . 


800 




920 00 




800 00 


Central Nat'l Bank, Worcester 


28,100 


36 


249 00 


28 


100 00 


Citizens' Nat'l Bank, Worcester 


24,800 


26 


288 00 


24 


800 00 


City Nat'l Bank, Worcester . 


29,500 


29 


500 00 


29 


500 00 


Mechanics' Nat'l Bank, Worcester . 


13,300 


14 


098 00 


13 


300 00 


Quinsigamond Nat'l B'k, Worcester, 


20,600 


22 


248 00 


20 


600 00 


Worcester Nat'l Bank, Worcester . 


80,000 


92 


800 00 


80 


000 00 


Third Nat'l Bank, Springfield 


20,000 


32 


600 00 


20 


000 00 




$791,050 


$941,809 00 


$791,050 00 



368 



BANK COMMISSIONERS' REPORT. [Jan. 

Railroad Bonds. 





Tar Value. 


Estimated 
Market Value. 


Amount Invested. 


Boston and Albany Railroad . 
Boston and Maine Railroad . 
Boston and Lowell Railroad . 
Fitchburg Railroad 
Old Colony Railroad 
Worcester and Nashua Railroad 


$200,000 

30,000 

15,000 

30,000 

154,000 

260,000 


$228,960 00 

35,400 00 

15,450 00 

35,700 00 

181,720 00 

234,000 00 


$200,000 00 

30,000 00 

15,000 00 

30,000 00 

154,000 00 

260,000 00 




$689,000 


$731,230 00 


$689,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



369 



WORCESTER FIVE CENTS SAVINGS BANK — WORCESTER. 

Incorporated April 1, 1854. Number of corporators, 249. 
Clarendon Harris, President. Treasurer, George W. Wheeler. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,937,899 56 


Public funds .... 


$449,500 00 


Earnings, undivided . 


12,858 24 


Loans on public funds . 


2,000 00 


Guaranty fund . 


15,000 00 


Bank stock .... 


175,600 00 






Loans on bank stock 


2,425 00 






Railroad bonds 


29,000 00 






xReal estate by foreclosure . 


18,225 00 






Loans on real estate 


976,900 00 






Loans on personal security . 


600 00 






Loans to counties, cities, or 








towns 


133,100 00 




< 


Deposit in banks on interest . 


152,131 11 






N Expense account . 


2,336 01 






'Premium account . 


23,000 00 






Cash on hand .... 


940 68 




$1,965,757 80 


$1,965,757 80 



Loans on Public Funds, amount on each 
On $1,000 United States bonds . 
On $1,000 City of Worcester bonds . 



Loans on Bank Stock, amount on each : — 
On 8 shares Central National Bank, Worcester 
On 5 shares Worcester National Bank, Worcester 
On 15 shares Grafton National Bank, Grafton . 

Cash on Deposit in Banks : — 
Maverick National Bank, Boston 



City National Bank, Worcester . 
Quinsigamond National Bank, Worcester . 

Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$1,000 00 
1,000 00 



$700 00 

500 00 

1,225 00 



$90,658 92 
44,073 33 

17,398 86 

$18,225 00 

12,100 00 

937 45 

188 76 



$104,097 54 
( 35,753 04 
( 36,282 13 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : January and July. 
Average annual per cent of dividends for the term ending at time 

of and including last extra dividend : 6-^- per cent. 
The total amount of loans, with each specified rate of interest : 

$55,000, 4 T 7 7 per cent; $49,025, 5 per cent; $1,011,000, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 422 

Aggregate amount of the same 546,575 00 

47 



370 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts .^,566 

Number and amount of deposits received for previous year, 5,707 $282,858 68 
Number and amount of deposits of and exceeding $300 at any- 
one time for the previous year 252 139,749 90 

Number of deposits of $1,000 and upwards .... 734 
Number and amount of deposits of $200 and less . . . 575 82,123 92 
Number and amount of deposits of $100 and less . . . 620 41,560 85 
Number and amount of deposits of $50 and less . . 4,711 55,311 41 
Number and amount of deposits held by women . . 3,023 819,392 31 
Number and amount of deposits held by guardians . . . 70 31,890 SO 
Number and amount of deposits held in trust .... 163 104,589 13 
Number and amount of deposits held by charitable associa- 
tions 65 25,258 83 

Number and amount of withdrawals 3,861 278,061 59 

Number of accounts opened the previous year . . . 1,078 

Number of accounts closed the previous year .... 866 
Amount of expenses of the corporation during previous year . 4,957 76 

Amount of treasurer's bonds 20,000 00 

Date of examination by commissioner : June 13. 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States bonds 


$250,000 


$260,546 00 


$272,319 00 


City and town bonds : — 








City of Boston 5s . 


10,000 


10,000 00 


10,000 00 


Town of Brookline 7s 


5,000 


6,200 00 


5,000 00 


City of Cambridge 6s 


25,000 


25,875 00 


25,000 00 


of Lowell 6s . 


27,000 


29,160 00 


27,000 00 


of Lynn 5s ... . 


5,000 


5,100 00 


5,000 00 


of New London, Conn., 7s 


14,000 


17,640 00 


14,000 00 


of Newton 6s . 


25,000 


28,625 00 


25,681 00 


of Salem 5s 


3,000 


3,060 00 


3,000 00 


of Springfield 7 s 


12,000 


15,360 00 


12,000 00 


of Worcester 5s and 6s . 


73,500 


77,285 00 


73,500 00 




$449,500 


$478,851 00 


$472,500 00 



Bank Stock. 



Atlas Nat'l Bank, Boston 


$5,000 


$6,000 00 


$5,000 00 


Commerce Nat'l Bank, Boston 


4,400 


4,972 00 


4,400 00 


Eagle Nat'l Bank, Boston 


10,000 


10,550 00 


10,000 00 


Eliot Nat'l Bank, Boston 


9,200 


9,844 00 


9,200 00 


First Nat'l Bank, Boston 


6,700 


12,127 00 


6,700 00 


Hamilton Nat'l Bank, Boston 


5,000 


5,650 00 


5,000 00 


Hide and Leather Nat'l B'k, Boston, 


7,500 


8,325 00 


7,500 00 


Howard Nat'l Bank, Boston . 


10,000 


11,350 00 


10,000 00 


Merchants' Nat'l Bank, Boston 


5,000 


6,850 00 


5,000 00 


North Nat'l Bank, Boston 


800 


984 00 


800 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



371 



Bank Stock — Concluded. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


Shawmut Nat'l Bank, Boston 


$5,000 


$5,550 00 


$5,000 00 


State Nat'l Bank, Boston 


5,000 


5,725 00 


5,000 00 


Traders' Nat'l Bank, Boston . 


5,000 


5,100 00 


5,000 00 


Webster Nat'l Bank, Boston . 


5,000 


5,212 00 


5,000 00 


Central Nat'l Bank, Worcester 


7,000 


8,960 00 


7,000 00 


Citizens' Nat'l Bank, Worcester 


700 


742 00 


700 00 


City Nat'l Bank, Worcester . 


26,800 


29,480 00 


26,800 00 


Mechanics' Nat'l Bank, Worcester . 


6,400 


7,360 00 


6,400 00 


Quinsigamond Nat'l B'k, Worcester, 


13,900 


15,290 00 


13,900 00 


Worcester Nat'l Bank, Worcester . 


2,000 


2,300 00 


2,000 00 


First Nat'l Bank, Leominster. 


5,000 


5,500 00 


5,000 00 


Grafton Nat'l Bank, Grafton . 


5,000 


5,600 00 


5,000 00 


Leicester Nat'l Bank, Leicester 


3,000 


3,300 00 


3,0C0 00 


Millbury Nat'l Bank, Millbury 


10,700 


11,770 00 


10,700 00 


Northborough Nat'l B'k, Northboro', 


3,000 


3,450 00 


3,000 00 


Spencer Nat'l Bank, Spencer . 


5,000 


5,250 00 


5,000 00 


Wachusett Nat'l Bank, Fitchburg . 


2,500 


3,250 00 


2,500 00 


Westminster Nat'l B'k, Westminster, 


1,000 


1,000 00 


1,000 00 




$175,600 


$201,491 00 


$175,600 00 



Railroad Bonds. 



Worcester and Nashua Railroad 5s 




$29,000 00 



$29,000 00 



372 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORCESTER MECHANICS' SAVINGS BANK— WORCESTER. 

Incorporated April 15, 1851. Number of corporators, 102. 
Harrison Bliss, President. Treasurer, H. Woodward. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$2,808,497 58 


Public funds .... 


$718,500 00 


Earnings, undivided . 


36,371 54 


Loans on public funds . 


1,000 00 


Guaranty fund . 


24,075 54 


Bank stock . . 


264,200 00 






Loans on bank stock 


4,800 00 






Railroad bonds 


72,500 00 






Real estate by foreclosure . 


92,885 29 






Loans on real estate 


1,437,402 14 






Loans on personal security . 


92,019 72 






Loans to counties, cities, or 








towns 


56,000 00 






Deposit in banks on interest, 


60,063 01 






Expense account . 


3,633 18 






Expense on real estate . 


3,212 16 






Suspense account . 


12,244 00 






Premium account . 


40,014 89 






Casb on band .... 


10,470 27 




$2,868,944 66 


$2,868,944 66 



Loans on Public Funds, amount on each; — 
On $1,000 United States bonds . 



Loans on Bank Stock, amount on each : — 
On 10 shares City National Bank, Worcester . 
On 14 shares Mechanics' National Bank, Worcester 
On 28 shares First National Bank, Worcester . 
On 4 shares Central National Bank, Worcester, and 5 shares 

Leicester National Bank, Leicester .' 

On 5 shares City Nat'l Bank, Worcester . 



Cash on Deposit in Banks : — 
Mechanics' National Bank, Worcester 
National Bank of Commerce, Boston 

Amount of real estate held by foreclosure . 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



$1,000 00 

$400 00 

600 00 

2,500 00 

900 00 
400 00 



$47,030 42 
13,032 59 

$92,885 29 

80,800 00 

575 00 

1,536 09 



$155,154 45 
; 55,307 89 
! 55,035 59 



Whole amount of interest or profits received or earned 

Rate and amount of each semi-annual dividend for ) 2 per cent 

previous year ) 2 per cent 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest 

$1,000, 4£ percent; $54,000, 5 percent; $1,528,861.86, 6 per cent; 

$6,360, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 495 

Aggregate amount of the same 651,525 85 



1880.] 



PUBLIC DOCUMENT — No. 8. 



373 



Number of open accounts 6,017 

Number and amount of deposits received for previous year, 
Number and amount of deposits of and exceeding $300 at 

any one time for the previous year .... 
Number of deposits of $1,000 and upwards 
Number and amount of deposits of $200 and less . 
Number and amount of deposits of $100 and less . 
Number and amount of deposits of $50 and less 
Number and amount of deposits held by women 
Number and amount of deposits held by guardians 
Number and amount of deposits held in trust . . 
Number and amount of deposits held by charitable associa 

tions 

Number and amount of withdrawals .... 

Number of accounts opened the previous year . 

Number of accounts closed the previous year . 

Amount of expenses of the corporation during previous year 

Amount of treasurer's bonds 

Date of examination by commissioner: June 11. 



2,308 


$254,979 17 


. 244 


133,908 54 


1,133 




362 


80,912 23 


274 


32,655 71 


887 


19,258 06 


2,656 


1,146,887 00 


61 


36,495 41 


231 


115,895 42 


25 


21,826 48 


3,635 


404,152 86 


575 




632 




. 


8,778 67 




10,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 6s, 1881 . 


$11,500 


$12,075 00 


$11,500 00 


<« u 4.itj 

*±2 & .... 


155,000 


162,750 00 


155,000 00 


" ",4s..,. 


188,000 


193,640 00 


188,000 00 


City and town bonds : — 








City of Worcester .... 


104,000 


108,238 00 


104,000 00 


of Providence, R.I. . 






109,000 


110,090 00 


109,000 00 


of Burlington, Vt. . 






25,000 


30,000 00 


25,000 00 


of Springfield . 






34,000 


38,930 00 


34,000 00 


of Cambridge . 






25,000 


27,650 00 


25,000 00 


of New London, Conn. 






20,000 


26,000 00 


20,000 00 


of Fitchburg . 






10,000 


11,800 00 


10,000 00 


of Augusta 






11,000 


12,320 00 


11,000 00 


Town of Brookline . 






7,000 


9,100 00 


7,000 00 


City of Rockland, Me. . 






7,000 


8,680 00 


7,000 00 


of Norwich, Conn. . 






5,000 


5,600 00 


5,000 00 


of Portsmouth, N.H. 






5,000 


5,900 00 


5,000 00 


Town of Westborough . 






2,000 


2,050 00 


2,000 00 








$718,500 


$764,823 00 


$718,500 00 



Bank Stock. 



Westmister Nat'l B'k, Westminster, 


$2,000 


$2,000 00 


$2,000 00 


Commerce Nat'l Bank, Boston 


17,000 


19,040 00 


17,000 00 


Hide and Leather Nat'l B'k, Boston, 


17,100 


18,810 00 


17,100 00 


Boston Nat'l Bank, Boston 


11,300 


11,918 00 


11,300 00 


Republic Nat'l Bank, Boston . 


3,400 


4,114 00 


3,400 00 



374 



BANK COMMISSIONERS' REPORT. [Jan. 

Bank Stock — Concluded. 







Estimated 






Par Value. 




Amount Invested. 






Market Value. 




Market Nat'l Bank, Boston . 


$10,000 


$10,000 00 


$10,000 00 


North Nat'l Bank, Boston 


10,000 


12,300 00 


10,000 00 


Eliot Nat'l Bank, Boston 


8,600 


9,202 00 


8,600 00 


Traders' Nat'l Bank, Boston . 


5,500 


5,500 00 


5,500 00 


Redemption Nat'l Bank, Boston 


5,000 


6,500 00 


5,000 00 


City Nat'l Bank, Boston 


10,000 


11,200 00 


10,000 00 


Revere Nat'l Bank, Boston 


15,000 


17,400 00 


15,000 00 


Suffolk Nat'l Bank, Boston . 


5,900 


6,785 00 


5,900 00 


Boylston Nat'l Bank, Boston . 


4,000 


4,160 00 


4,000 00 


Merchants' Nat'l Bank, Boston 


7,000 


9,660 00 


7,000 00 


City Nat'l Bank, Worcester . 


18,000 


18,900 00 


18,000 00 


First Nat'l Bank, Worcester . 


1,200 


1,500 00 


1,200 00 


Mechanics' Nat'l Bank, Worcester . 


35,400 


40,710 00 


35,400 00 


Citizens' Nat'l Bank, Worcester 


11,500 


12,190 00 


11,500 00 


Central Nat'l Bank, Worcester 


8,400 


10,752 00 


8,400 00 


Quinsigamond Nat'l B'k, Worcester, 


1,600 


1,760 00 


1,600 00 


Worcester Nat'l Bank, Worcester . 


9,500 


10,825 00 


9,500 00 


First Nat'l Bank, Clinton 


1,000 


1,120 00 


1,000 00 


First Nat'l Bank, Leominster . 


10,000 


10,500 00 


10,000 00 


Grafton Nat'l Bank, Grafton . 


11,400 


12,540 00 


11,400 00 


Southbridge Nat'l B'k, Southbridge, 


3,500 


4,550 00 


3,500 00 


Franklin Nat'l Bank, Franklin 


5,100 


5,355 00 


5,100 00 


Millbury Nat'l Bank, Millbury 


4,300 


4,945 00 


4,300 00 


Wachusett Nat'l Bank, Fitchburg . 


11,500 


16,905 00 


11,500 00 




1264,200 


$301,141 00 


$264,200 00 



Railroad Bonds. 



Boston and Albany Railroad . 
Worcester and Nashua Railroad 



$20,000 
52,500 

$72,500 



$24,300 00 
47,250 00 

$71,550 00 



$20,000 00 
52,500 00 

$72,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



375 



WORCESTER NORTH SAVINGS INSTITUTION — FITCHBURG. 

Incorporated May 26, 1868. Number of corporators, 98. 
Augustus Whitman, President. Treasurer, Henry A. Willis. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$1,407,408 65 


Public funds .... 


$299,948 86 


Earnings, undivided . 


7,148 15 


Loans on public funds . 


20,800 00 


Guaranty fund . 


16,676 74 


Bank stock .... 


86,740 87 






Loans on bank stock 


19,500 00 






Railroad bonds 


35,146 00 


, 




Real estate by foreclosure . 


26,538 87 






Loans on real estate 


675,513 05 






Loans on personal security . 


165,054 24 






Loans to counties, cities, or 








towns 


77,921 09 






Deposit in banks on interest . 


18,000 00 






Expense account . 


1,287 38 






Gash on hand 


4,783 18 


• 


$1,431,233 54 


$1,431,233 54 



Loans on Public Funds, amount on each: — 
On $900 United States 4s, consols, 1907 . 
On $20,000 United States 4Js . . . • , 



Loans on Bank Stock, amount on each : — 
On 5 shares Rollstone National Bank, Fitchburg .... 
On 25 shares Fitchburg National Bank, Fitchburg .... 
On 50 shares Wachusett Nat'l Bank, Fitchburg, and other collateral, 
On 100 shares Safety Fund National Bank, Fitchburg 
On 40 shares First National Bank, Leominster ... 

Cash on Deposit in Bank : — 
Rollstone National Bank, Fitchburg . 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 




$800 00 
20,000 00 



$600 00 
2,000 00 
6,000 00 
8,000 00 
2,900 00 



$18,000 00 

$26,538 87 

25,025 00 

1,070 62 

445 47 



$67,572 86 
32,595 36 
30,337 87 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2£ per cent 

previous year ) 2J per cent 

Times for the dividends fixed by the by-laws : Jan. 1 and July 1. 
The total amount of loans, with each specified rate of interest 

$41,648.14, 4 per cent; $10,000, 4± per cent; $40,262, 4£ per cent; 

$134,129.95, 5 per cent; $312,301.89, 6 per cent; $624,056.13, 6* per 

cent; $96,339.13, 7 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each 355 

Aggregate amount of the same 436,331 13 

Amount of investments from which no income is received . . 1,815 05 



376 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts 3,636 

Number and amount of deposits received for previous year, 2,517 
Number and amount of deposits of and exceeding $300 at any 

one time for tbe previous year 214 

Number of deposits of $1,000 and upwards .... 493 
Number and amount of deposits of $200 and less . .' . 406 
Number and amount of deposits of $100 and less . . . 292 
Number and amount of deposits of $50 and less . . . 731 
Number and amount of deposits held by women . . 1,698 
Number and amount of deposits held by guardians ... 23 
Number and amount of deposits held in trust . . . . 211 
Number and amount of deposits held by charitable associa- 
tions 30 

Number and amount of withdrawals 2,089 

Number of accounts opened the previous year .... 743 
Number of accounts closed the previous year .... 495 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 

Date of examination by commissioner: July 17. 



$310,778 32 

124,272 30 

57,019 55 
21,338 63 
14,359 78 

611,520 12 
11,609 06 

132,672 91 

17,261 05 
301,048 84 



4,365 68 
20,000 00 



Public Funds. 







Estimated 






Par Value. 


Market Value. 


Amount Invested. 


United States 5s, 1881 . 
" " 6s, 1881 . 


$55,000 I 
45,000 j 


$103,868 75 


$104,536 86 


City and town bonds : — 








City of Boston .... 


30,000 


31,800 00 


31,400 00 


of Springfield . 






20,000 


23,600 00 


22,600 00 


of Norwich, Conn. . 






20,000 


23,600 00 


22,400 00 


of New Bedford 






20,000 


22,800 00 


21,300 00 


of Providence, R.I. . 






20,000 


20,600 00 


20,262 00 


of Portland, Me. ' . 






15,000 


16,100 00 


15,593 00 


Town of Danvers . 






10,000 


10,400 00 


10,107 00 


City of Fitchburg . 






10,000 


11,200 00 


11,000 00 


of Lewiston, Me. 






10,000 


10,500 00 


10,000 00 


of Lynn . 






10,000 


10,500 00 


10,300 00 


Town of Wayland . 






10,000 


10,300 00 


10,150 00 


City of Fall River . 




10,000 


10,400 00 


10,300 00 








$285,000 


$305,668 75 


$299,948 86 



Bank Stock. 



Rollstone Nat'l Bank, Fitchburg . 


$10,500 


$15,750 00 


$15,446 00 


First Nat'l Bank, Leominster . 


10,000 


10,000 00 


10,000 00 


Boston Nat'l Bank, Boston 


10,000 


10,650 00 


9,000 00 


City Nat'l Bank, Boston 


10,000 


11,500 00 


10,689 00 


Atlas Nat'l Bank, Boston 


9,800 


11,842 00 


10,715 62 


Commerce Nat'l Bank, Boston 


• 7,500 


8,456 25 


7,500 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



377 



Bank Stoce 


: — Concluded. 






Par Value. 


Estimated 
Market Value. 


Amount Invested. 


Webster Nat'l Bank, Boston . 
Merchants' Nat'l Bank, Boston 
Eagle Nat'l Bank, Boston 
Exchange Nat'l Bank, Boston 


15,000 
5,000 
5,000 
5,000 


$5,200 00 
6,900 00 
5,300 00 

7,075 00 


$5,000 00 
6,390 25 
5,200 00 
6,800 00 




$77,800 


$92,673 25 


$86,740 87 



Railroad Bonds. 



Boston and Albany Railroad . 
Vermont and Massachusetts R.R. 



$13,000 
20,000 



$33,000 



$15,860 00 
23,600 00 



$39,460 00 



$14,336 25 

20,809 75 



$35,146 00 



48 



378 



BANK COMMISSIONERS' REPORT. 



[Jan. 



WORONOCO SAVINGS BANK — WESTFLELD. 

Incorporated 1871. Number of corporators, 27. 
Samuel Horton, President. Treasurer, R. "Weller. 

Statement. 



Liabilities. 



Assets. 



Deposits 

Earnings, undivided , 

Guaranty fund . 



$637,274 57 
6,488 25 
4,289 14 



Public funds . 

Loans on public funds . 

Bank stock 

Loans on bank stock 

Real estate by foreclosure 

Loans on real estate 

Loans on personal security 

Loans to counties, cities, or 

towns .... 
Expense account . 
Deposit in Hampden Na 

tional Bank . 



$648,051 96 



$197,982 19 

2,000 00 

3,910 00 

800 00 

2.740 00 

322,943 00 

47,684 24 

38,000 00 
840 53 

31,152 00 



$648,051 96 



Loans on Public Funds, amount on each : — 
On $2,000 United States 4s . 



Loans on Bank Stock, amount on each : — 
On 10 shares Hampden National Bank stock 



$2,000 00 
$800 00 



Cash on Deposit in Bank : — 
Hampden National Bank, Westfield $31,152 00 



Amount of real estate held by foreclosure 
Assessed value of the same 
Amount of income received from the same 
Amount of municipal tax on real estate . 



Whole amount of interest or profits received or earned . 

Rate and amount of each semi-annual dividend for ) 2-} per cent 

previous year ) 2% per cent 

Times for the dividends fixed by the by-laws : January and July. 
The total amount of loans, with each specified rate of interest 

$38,000, 5 per cent; $372,627.24, 6 per cent. 
Number of outstanding loans which are of an amount not 

exceeding $3,000 each .172 

Aggregate amount of the same 

Number of open accounts 1,479 

Number and amount of deposits received for previous year, 1,073 
Number and amount of deposits of and exceeding $300 at any 

one time for the previous year 143 

Number of deposits of $1,000 and upwards .... 278 
Number and amount of deposits of $200 and less . . . 164 
Number and amount of deposits of $100 and less . . . 112 
Number and amount of deposits of $50 and less . . . 402 



$2,740 00 

2,900 00 

26 00 

43 50 

£35,276 94 
14,304 86 
13,153 80 



204,8S2 24 

171,461 36 

119,028 09 

21,492 64 
8,485 66 
6,797 06 



1880.] 



PUBLIC DOCUMENT — No. 8. 



379 



Number and amount of deposits held by women 
Number and amount of deposits held by guardians . 
Number and amount of deposits held in trust .... 
Number and amount of deposits held by charitable associa- 
tions 28 

Number and amount of withdrawals 

Number of accounts opened the previous year .... 317 
Number of accounts closed the previous year .... 189 
Amount of expenses of the corporation during previous year . 

Amount of treasurer's bonds 10,000 00 

Date of examination by commissioner : July 8. 



587 

8 

122 


$220,226 98 

4,8L1 34 

87,697 11 


28 
979 


25,604 20 
126,983 86 



828 65 



Public Funds. 





Par Value. 


Estimated 
Market Value. 


Amount Invested. 


United States 4s ... 
" " 4£s . 
" " 5s, 1881 . 


$55,000 

105,000 

30,000 


$56,168 75 

110,881 25 

30,600 00 


$55,675 00 

110,441 57 

31,865 62 




$190,000 


$197,650 00 


$197,982 19 



Bank Stock. 



Hampden Nat'l Bank, Westfield . 



$2,600 



1,770 00 



1,910 00 






380 



BANK COMMISSIONERS' REPORT. [Jan. 



AGGREGATE STATEMENT. 



Liabilities. 


A68ET8. 


Deposits . 


$206,378,700 53 


Public Funds: — 




Surplus . 


4,301,775 89 


United States bonds . 


$22,004,743 37 


Guaranty fund 


2,071,047 62 


State, city, and town bonds, 


16,231 .131 85 


Sundries 


470,500 57 


Loans on public funds . 


4,161,800 00 






Bank stock .... 


24,062,845 59 






Loans on bank stock 


731,600 34 






Railroad bonds 


6,821,650 05 






Real estate by foreclosure 


9,324,901 51 






Real estate for banking pur- 








poses 


2,575,215 04 






Loans on mortgage of real es- 








tate 


86,181,034 33 






Loans on personal security . 


22,923,849 83 






Loans to counties, cities, or 


8,401,366 22 






towns 








Deposits in banks on interest, 


5,953,821 41 






Sundries 1 


1,632,452 17 






Cash on hand . 


1,315,612 90 




$213,222,033 61 


$213,222,033 61 



Whole amount of interest or profits received or earned 
Percentage of earnings to total assets .... 



$11,762,976 98 



135,300.00, 3j- perct. 

1,350,200.00, 3i per ct. 

62,000.00, 3| per ct. 

13,000.00, 3J£ per ct. 

500,000.00, 3| per ct. 

1,227.00, 3^ perct. 

7,117,495.27, 4 per Ct. 

35,000.00, A\ per ct. 

55,000.00, 4| per ct. 

4,063,762.00, 4£ per ct. 



$10,000.00, 

60,000.00, 

13,250,276.65, 

233,650.00, 



6£ per ct. 
6^ 9 o per ct. 
6-J per ct. 
6 T 6 ^ per ct. 



267,623.42, 6f- perct. 



Rate of Ordinary Dividends paid by 147 Banks: — 
13 at 2 per cent (1 dividend each). 26 at 4-J per cent. 19 banks paid no dividend. 2 
67 at 4 per cent. 5 at 4f per cent. 

4 at 4£ per cent. 32 at 5 per cent. 

Amount of loans, with specified rates of interest : — 
$58,921.05, 2i per ct. $55,000.00, 4^ per ct. 

1,492,981.46,3. perct. 32,000.00, 4f per ct. 

35,000.00, 3§- per ct. 11,688,065.74, 5 per ct. 

140,400.00, 5£ per ct. 
30,000.00, 5| per ct. 
2,997,482.32, 5£ per ct. 
36,000.00, 5^ perct. 
210,800.00, 5f per ct. 
50,405,694.32, 6 per ct. 
725.00, 61' per ct. 
29,500.00, 6£ per ct. 
1,894.84, 6 t 3 q perct. 
491,463.89, 6£ per ct. 
Aggregate amount of ordinary dividends for the previous year 
Average rate of ordinary dividends for the previous year 
^i 6 o 8 o P er cent - 



27,685,176.79, 

75,000.00, 

1,400.00, 

1,643,375.95, 

1,770,731.41, 

1,626,293.95, 8 

66,500.00, 9 



7 per ct. 
7& per ct. 
7 j per ct. 
7 T 3 o perct. 
7£ per ct. 

per ct. 

per ct. 



1,375.00, 10 per ct. 
$7,272,822 83 



1 This item includes Joans on railroad stock, accrued interest, premium, and expense ac- 
counts, &c. 

2 Of these banks eight are temporarily enjoined, and in eleven payments to depositors are 
limited. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



381 



Number of outstanding loans which are of an amount 

not exceeding $3,000 each . 
Aggregate amount of the same 
Number of open accounts 
Number and amount of deposits received for previous 

year 
Number and amount of deposits of and exceeding 

$300 at any one time for the previous year 
Number of deposits of $1,000 and upwards 1 
Number and amount of deposits of $200 and less 1 
Number and amount of deposits of $100 and less x 
Number and amount of deposits of $50 and less 1 
Number and amount of deposits held by women 1 
Number and amount of deposits held by guardians * 
Number and amount of deposits held in trust * . 
Number and amount of deposits held by charitable 

associations 1 

Number and amount of withdrawals . 

Number of accounts opened during the previous year 

Number of accounts closed during the previous year 



33,045 



675,555 



$35,555,438 58 



378,261 28,486,803 97 



20,601 

45,539 

80,860 

71,107 

228,869 

274,703 

4,050 

55,567 

3,278 

425,430 

74,742 

65,338 



11,328,190 20 

9,204,482 19 
4,614,754 04 
3,487,307 41 

82,464,919 67 
1,887,860 34 

21,354,858 67 

1,826,341 72 
36,726,329 25 



Amount of expenses of the corporations during previous year . 590,820 18 

i The returns from the Provident Institution for Savings in Boston have not been received. 



382 



BANK COMMISSIONERS' REPORT. [Jan. '8 




Eh 

d? 
^1 

l> 

i— i 

Eh 

Ph 

CD 
Q2 



s 

en 
1 

B 

C 
o 

ft 


$3,481,921 65 

1,276.566 17 
549 
$26,68fi 25 
78,267 

$21,527,742 02 

46,628 
847,613 85 

345,182 05 
115,496 00 
963,041 02 

404,340 99 

10,324,375 41 
32,5 

2,700,275 00 

.32 per rout 
51,429,065 88 
901,745 28 
15,7 
2*191 
10 00 


m 

a 

o 

e 

M 


1,304 
4,430 

10,656 

$546,850 97 
5,840,238 03 
2,679,020 31 

68,485 84 
3,539,303 15 

68,252 31 


1879. 

One hundred and 

sixty-six 
Savings Banks. 


675,555 
$206,378,709 53 
378,261 
$28,486,803 97 

20,601 
$11,328,190 20 

425,430 

$36,72(5,329 25 

74,742 

65,338 

$4,301,775 89 

2,071,047 62 

39,135,875 22 

4,161,809 00 

24,0(52,845 59 

731,600 34 

5.953.821 41 
6,821,650 05 
2,575,215 04 

-0,324,901 51 

86.181,034 33 

8,401,3(5(5 22 

22,923,849 83 

1,315,612 90 

3.68 per cent 

$11,762,976 98 

7.272.822 83 
590,820 18 

33,045 
$35,555,438 58 


1878. 

One hundred and 

sixty-eight 

Savings Banks. 


00 *# lO fc- ^lOOCl^^CO^OC^t-COC: CO i-< CO 00 
tH tH t* CM t-COr-ieOCOCO^OcMCOt-i-lOOiO'-'OOi-lCN id 

H^HOOOt-HtOtOQCOb-OONCO CI i-H OS CO Ci O -* O "£ CI CO © CO 00 

ic co co i— 10 t~ a t- co co co a co co ci c. co a ci a o co ci to fi *+ — '" '■"• t— 

CI/© CO CO i-l CO CO O CDC^CO^rH CO ^O^O^CC^CC^t^iO ^O^r-^CO^ g ® lO »C Cl_ t~- 

T^o"co"co"i^^co'^T^i-rcrT^»c"cTco"t^co'occ"ic"i-o"co"^t^ . ci"-t so i-'ccT 

t-cor-cec^»noiocor-iTt<cidcoo'ti'-'C^©x©cociTt< ^ cr. t~o co -t< 

CO CO CO b- CO lO CM r-l CO JO CM rf ■* CO GlNl-O t-^O ^©^CM *> «-J, i~i}£> °0 

cT oT r-T co" r^T-TcoTi-TTir ©t^cf »o © co 10 r-T \yoooo oo~ 

OCMi-I»0 aaCOCq O CM "* i-l CO 

c* m m m mm 

m 






... .a 

CO 

• * * * o 

cS 
o 

CO 

m 


p 

• rH 

. .'d 

o 

X .... 


"T5 

5 © . 


preceding 

r the year of s 

year 

the year 
he year . 

for last year 
lends 
needing $3,0C 


Number of open accounts . 

Amount-, of deposits . 

Number of deposits during the yeai 

Amount of the same . 

Number of deposits received during 

Amount of the same . 

Number of withdrawals during the 

Amount of the same . 

Number of accounts opened during 

Number of accounts closed during t 

Amount of surplus on hand 

Amount of guaranty fund 

Public funds .... 

Loans on public funds 

Bank stock 

Loans on bank stock . 
Deposits in banks bearing interest 
Railroad bonds .... 
Invested in real estate 
Real estate by foreclosure . 
Loans on mortgage of real estate 
Loans to counties, cities, or towns 
Loans on personal security 
Cash on hand .... 
Average rate of ordinary dividends 
Aggregate amount of earnings 
Aggregate amount of ordinary divi< 
Annual expenses of the institution? 
Number of outstanding loans not ei 
Amount of the same . 



ALI'HAHKTICAI, LIST OF THE SAVINCS HANKS, W ITH STATEMENTS OF THEIll LIABILITIES AND ISSETS AT THE CLOSE OF BUSINESS, OCT. 31, 









•8.JSS 78 | «,K 






,,,,. ,..„.» 






':::;:: 



5« 



• H2 '' 



!£ 



ALPHABETICAL LIST OF THE SAVINGS BANKS, WITH STATEMENTS OF THEIR LIABILITIES AND ASSETS AT THE CLOSE OF BUSINESS, OCT. 31, 1879. 



NAMES i)|f HANKS. 



Abington Savin.?" Bank . 
Amherst Savings Bank • 
Andover Savings Bank ■ 
Arlington Savings Bank . 
Aslibui'iiham Savings Bank 
Atbol Savings Bank 
Attleborougn Savings Bank 
Barre Savings Bank 
Bass River Sav'gs B'k,' S. Yarmouth, 
Benj. Franklin Sav'gs B'k, Franklin, 

Berkshire Comity Savings Bank 
Beverly Savings Bank 
Boston Five Cents Savings Bank . 
Boston Penny Savings Bank . 
Braintree Savings Bank . 
Bridgewater Savings Bank 
Brighton Five Cents Savings Bank 1 . 
Bristol Co. Savings Bank, 1 Taunton. 
Broadway Savings Bank, Lawrence, 
Brookfield Savings Bank . 

Brookline Savings Bank . 
Cambridgeport Savings Bank . 
Cambridge Savings Bank 
C&utOE I~iist.i1.nti;::. fcr Savings 
Cape Ann Savings Hank, Gloucester, 
Cape Cod FiveCte. Sav. B'k.'Harwich 
Central Savings Bank 
Cbarlestown Five Cents Savings B'k, 
Chelsea Savings Bank 

ChlCOpee Falls Savings Bank . 

Chieopee Savings Bank . 
Citizens' Savings Bank, Fall River 
City Five Cls. Sav. Bank, 2 Haverhill, 
City Institution for Savings, Lowell, 
Clinton Institution for Savings 
Cohasaefc Savings Bank . 
Crocker fnst.fov Sav'gs, Turner'sF'ls 
Danvere Savings Bank 

li dham Institution for Savings 
East Boston Savings Bank' 

Bast Bridgewater Savings Bank 
E Cambridge Five Cts. Savings B' 
Easthampton Savings Bank 
E. Weymouth Five Cts. Savings B'k 
Eliot Five Cents Savings Bank 

Savings Bank, 2 Boston 
Esse] Savings Bank, Lawrence 
Fail haven Institution for Savings 

Fall River Five Cents Savings Bank 
Fall River Savings Bank 1 

Fitchburg Savings Bank . 
Florence Savings Bank . 
Foxborough Savings Bank 1 
Framinghain Savings Bank 
Franklin Savings Bank, Boston 
Franklin Inst, for Sav'gs, Greenfield 
Gardner Savings Bank 
Georgetown Savings Bank 

■ ■ m Savings Bank 

Greenfield Savings Bank . 

Groat Barringtou Savings Bank 4 
Groveland Savings Bank. 
Hampden Savings Bank . 
Hampshire Savings Bank 
I [averhill Savings Bank . 
Haydenville Savings Bank 
Hingham Institution for Savings 
I lollisMin Savings Bank . 
i [olyoke Savings Bank . 

Home Savings Bank 8 
Hooaac Savings Bank 

HopkintOD Savings Bank 
Hudson Savings Bank 
Hyde Park Savings Bank' 
Institution for savings in Roxbury 
Inst, for Savings in Newburyport 
Ipswich Savings Bank 

Lawrence Savings Bank' . 
Lee Savings Bank . 
Leicester Savings Bank . 

Leominster Savings Bank 
Lowell Five Cents Saving Bank 3 
Lowell Institution for Savings 




Leominster Savings Bank 
Lowell Five Cents Saving Bank 2 . 
Lowell Institution tor Savings 
Lynn Five Cents Savings Bank 
Lynn Institution for Savings . 
Maiden Savings Bank 
Marblehead Savings Bank 
Marlborough Savings Bank 
Mechanics' Savings Bank, Holyoke . 
Mechanics' Savings Bank, Lowell . 

Medford Savings Bank . 

Medway Savings Bank . 

Melrose Savings Bank 

Merrimac Savings Bank, Merrimac, 

Merrimack River Sav'gs B'k, Lowell, 

Middleborough Savings Bank . 

Middlesex Inst, for Savings, Concord, 

Milfnrd Sa\ ings Bank 

Millbury Savings Rank . 

Miners'" Savings B'k, \V. Stockbridge. 

Monson Savings Bank 
Nantucket Institution for Savings 1 . 
Natick Five Cents Savings Bank . 
New Bedford Five I lents SavingsB'k, 
New Bedford Institution for Savings, 
Newburyport Five Cts. Savings B'k,'' 
i\'w ton Savings Bank . . 
Northampton institution for Savings, 
North Adams Savings Bank . 
N. Avenue Savings B'k, Cambridge, 

North Brookfield Savings Bank 

North Easfcon Savings Bank 

North End Savings Bank,' Boston . 

i (range Savings Bank 

Palmer Savings Bank 

People's Savings Bank, Worcester . 

Plymouth Five Cents Savings Bank . 

Plymouth Savings Bank . 

Provident Inst, for Savings, Boston . 

Prov. Inst. Sav., Salisb'y & Amesb'y, 



Quincy Savings Bank 
Randolph Savings Bai 
Rockland Savings Bank . 
Salem Five. Cents Savings Bank 
Salem Savings Bank 



naiem ouvtuue 

Scituate Savin 

Vtt'B Savings Bank' . 

urne Falls Savings Bank . 
iuth Adams Savings Bank 



ings Bank' 
lelburne Falls Savings ... 
iuth Adams Savings Bank 
uthbridge Savings Bank 



South Boston Savings Bank' . 
South Scituate Savings Bank . 
South Weymouth Savings Bank 
Spencer Savings Bank 
Springfield Five Cents Savings Bank, 
Springfield Institution for Savings . 
Stockbridge Savings Bank 
Stoneham Five Cents Savings Bank . 
Suffolk Savings Bank 
Taunton Savings Bank' . 

Templeton Savings Bank 

Union Inst, for Savings, Boston 

Union Savings Bank, 1 Fall River 

Uxlnidge Savings Bank . 

Wakefield Savings Bank . 

Wales Savings Bank 

Waltham Savings Bank . 

Ware Savings Bank 

Wareham Savings Bank . 

Warren FiveCts. Sav. B'k, I'enhody, 

Warren Inst, for Savings, Boston . 
Watertown Savings Bank 
Webster Five Cents Savings Bank . 
Wellfleet Savings Bank 1 . 
Westborough Savings Bank 
WestfieU Bai ing Bank . 
Weymouth Savings Bank 1 
Whitinsville Savings Bank 
Wincliendon Savings Bank 
Winchester Savings Bank 

Woburn Five (Waits Savings Bank' 2 . 
Worcester County lust, for Savings . 
Worcester Five Cents Savings Bank . 
Worcester Mechanics' Savings Bank, 
Worcester North Savings Institution, 
Woronoco Savings Bank, Westfield . 

Total of 166 Banks doing business , 



549,833 10 

2,293,122 35 

2.703,516 09 

1,331,369 77 

1,645,729 78 

335.022 01 

165,271 39 

590,549 43 

334,756 24 

1,372,418 75 

303,597 86 
159,093 80 

62,867 05 
163,052 85 
257,771 21 
280,049 22 
956,370 63 
615,813 43 
457,352 74 

88,537 89 

394,186 29 

481,103 22 

450,284 04 

2,222,436 50 

8,682,449 05 

878,697 95 

721,869 92 

1,706,706 59 

734,773 78 

66,365 97 

290,778 15 
233,273 16 
452,923 53 
173,8.54 42 
400,087 16 

3.051,122 37 
492,927 06 

1,975,639 38 
20,364,920 55 

1,200,710 60 

1,030.818 18 
658,737 94 
316,212 44 
2,000,028 05 
5,850,792 39 
125,585 07 
357,445 85 
649,790 37 
346,727 68 
921,681 31 

1,193,876 91 
407,527 42 
305,024 99 
210,070 65 

1,215,991 41 

6,318,532 74 

48,367 76 

239,608 05 

11,386,151 47 

1,319,771 39 

77,535 41 

2,726,199 56 

580,817 63 

276,727 07 

67,530 15 

17,908 8S 

1,042,698 22 

1,603,452 05 

457,899 21 

1,231,17! 1 I 

8,654,089 29 

149,879 35 
296,520 78 
333,129 53 
357,671 97 
796,505 25 
760,601 70 
174,707 50 
471,737 49 
142,174 75 

458,417 27 
7,105,238 37 
1,937,899 56 
2,808,497 58 
1,407,408 65 

637,274 57 



♦206,378,709 53 



11,585 66 

45,428 44 

28,451 59 

56.312 91 
64,432 99 

3,986 51 

4,544 48 

13,497 19 

4,519 89 

40,549 14 

9,738 52 
4,503 09 
1,387 21 
186 47 
1,945 61 
4,791 27 

18,606 38 
3,908 45 

11,596 23 
618 86 

3,405 83 

14,022 94 

14,016 67 

40,271 41 

50,622 32 

41,648 52 

13,953 17 

28,151 21 

12,000 00 

318 80 

4,672 28 

14,389 47 

21,850 26 

449 48 

4,791 73 

31.313 86 
11,962 38 
70,571 95 
62,188 40 
38,914 05 

15,154 31 
11,207 99 

2,371 06 
38,989 93 
17,199 34 

3,320 75 
14,777 89 
21,008 21 

6,453 10 
22,404 04 

53,301 53 
6,055 45 
7,179 93 
1,500 00 

59,465 51 

540 77 

8,632 93 

68,112 77 

119,000 21 

205 76 

10,908 31 
17,650 57 
5,9? 88 

1,062 81 
21,152 31 
28,570 56 

6,052 50 
43,211 40 

124,054 90 
1,457 35 
2,622 36 

19,951 88 
3,728 14 

21,004 58 

42,065 12 
4,750 68 

14,430 05 
840 67 

32,582 00 

4,000 00 

12,858 24 

36,371 54 

7,148 15 

6,48S 25 



84,301,775 89 



4,5 00 00 
17,104 77 
36,6 92 21 
11,9 00 00 

29.0 00 00 

3.2 00 00 

1.3 74 37 
i;: lo 31 

J. I 1)0 00 
IT.i 00 00 

3,1 00 00 

2,1 08 31 

■i 77 86 

1.114 06 
1,8 50 03 
1,7 00 00 
7,.: 30 oo 

5,-1 70 78 

3,: 52 00 

: no 00 

3,< 15 00 

3,: 18 1)1 

3.4 73 50 

24.1 12 ill 
112,1 on 00 

5,1 1!) 10 
6,1 00 00 

17,n 10 

6,000 00 
I i.55 71 

4,246 07 

2.115 ' 00 

;doo GO 

2,800 00 

36,619 71 

3,837 54 

30,000 00 

100,000 00 

22,556 08 

11,500 00 

11,369 20 

3,000 00 

31,000 00 

104,500 00 

1,065 91 

3,71 I 73 

8,500 00 

4,200 00 

7,000 00 

15.000 00 
3,286 00 
3,000 00 
1,187 69 
9,600 00 

54,000 00 

366 50 

3,553 34 

89,460 27 

10,753 05 

698 24 

28,635 00 

5,400 00 

2,424 00 

554 15 

155 00 

19,350 00 

5,086 06 

4,000 00 

9,775 00 

51,000 00 
1,300 00 
2,016 91 
5,796 52 
2,945 00 
5,268 79 
7,062 00 
1,099 36 
6,860 00 
1,476 36 

1.233 75 

67,530 00 

15,000 00 

24,075 54 

16,676 74 

4,239 14 



5,000 00 



2,300 00 



3,337 64 



588 97 
15,804 56 



13,947 16 



8,471 17 



3,125 68 
3,790 84 



12,334 03 



7,121 38 
206 94 
459 80 



593 75 
155,919 03 



565,918 

2,356,255 

2,768,659 

1,399,582 

1,739,162 

347,208 

171,190 

011,356 

341,376 

1,429,967 

316,936 
166,105 

64,633 
164,553 
261,066 
288,840 
982,507 
625,192 
472,300 

34,455 



77 , 
52 

24 
96 i 
13 I 
89 | 

38 j 
20 j 
02 
38 I 



400,907 12 

498,445 07 

467,774 21 

2,286,950 55 

8,795,071 37 

925,365 57 

741,823 09 

1,751,857 80 

756,111 42 

67,340 54 

299,766 10 
250,612 63 
479,183 79 
175,903 90 
407,081 89 

3,119,055 94 
508,726 98 

2,076,800 30 
20,542,913 51 

1,262,180 73 



1,057, 
698, 
321, 

2,073. 

5,972 
129 
375 
679 
357 
959 



472 49 
262 29 
583 50 
017 98 
491 73 
971 73 
934 47 
293 58 
380 78 
560 12 



1,262,178 47 
416,808 87 
315,204 92 
222,058 34 

1,225,591 41 

6,431,998 28 

49,387 16 

251,794 32 

11,546,850 19 

1,453,316 09 

78,439 41 

2,778,076 93 

603,898 20 

285,101 95 

68,084 30 

19,126 69 

1,083,200 53 

1,637,108 67 

492,951 71 

1,284,459 54 



$2,071,017 02 



♦470,500 57 



152,636 70 
301,160 05 
365,999 31 
364,552 05 
733,238 42 
809,728 82 
180,548 54 
493,027 54 
145,085 53 

492,283 02 
7,368,657 40 
1,965,757 80 
2.868,944 66 
1,431,233 51 

648,051 96 



14,931 25 

82,975 00 
615,000 00 
179,928 70 
392,100 00 

85,500 00 

9,175 76 

111,404 50 

10,000 00 
121,000 00 

39,830 00 

15.542 50 

7,000 00 

31.543 75 
25,000 00 

126,810 00 
57,500 00 
1,227 00 

75,710 00 

4,800 00 

29,925 00 

1,283,500 00 

3,090,550 00 

155,000 00 

174,445 07 

480,813 25 

57.180 00 

4,986 04 



65, 
20. 
16 

63. 
285. 
131, 
420. 

4,225, 



500 00 
500 00 
050 00 

700 00 
500 00 
000 00 
471 25 
750 00 
500 00 



170,000 00 
101,000 00 
22,500 00 
374,200 00 
2,520,800 00 



128,000 00 
32,000 00 
454,000 00 

260,805 75 



34,325 00 

208,000 00 

2,223,250 00 

3,245 00 

45,000 00 

1,667,000 00 

338,715 62 

6,000 00 

479,475 00 

10,000 00 

7,500 00 

99,975 00 
400,000 00 

76,475 00 



3,829,094 19 640,857 47 



8213,222,083 61 



21,001 25 
12,440 00 

10,500 00 
128,000 00 

39.769 86 

15.770 00 
8,000 00 

10,835 00 

536 00 

1,748,300 00 
449,500 00 
718,500 00 
299,948 86 
197,982 19 



2,000 00 



10,000 00 



1,450 00 



2,000 00 

100 00 

195 00 

75,000 00 

52,558 00 

2,000 00 

95 00 

4,000 00 



400 00 
700 00 



2,000 00 
2,220,500 00 



137,000 00 

1,000 00 
26,000 00 



103,450 00 
200 00 



1,115,000 00 



1,450 00 



139,135,875 22 



146,000 00 

2,000 00 

1,000 00 

20,800 00 

2,000 00 



57,700 00 
455,930 00 
337,400 00 
365,626 97 
236,781 00 
38,500 00 
53,573 96 
90,475 00 
39,208 50 
175,450 00 

23,430 00 
18,667 50 

2,000 00 

27,419 12 

13,140 00 

260,000 00 

110,693 74 

122,200 00 

5,375 00 

43,355 25 
84,900 00 
44,520 50 

165,900 00 
1,410,360 00 

101,600 00 
24,125 00 
45,800 00 
43,548 44 
6,500 00 

11,400 00 

122,204 02 
43,184 04 
40,155 93 
26,800 00 

756,000 00 
25,000 00 

420,581 00 
1,097,625 90 

141,325 00 

94,059 49 

254,458 61 

72,368 55 

555,622 05 

535,300 00 

6,100 00 

110,556 20 

58,800 00 

34,750 00 

42,090 00 

76,200 00 

57,500 00 

156,781 62 

30,757 87 

60,600 00 

605,500 00 

2,970 00 

440,125 00 
79,208 12 



7,370 00 
2,000 00 
4,500 00 
1,000 00 
10,350 00 



16,100 00 

300 00 
1,250 00 



13,853 00 
1,750 00 



2,0,125 00 



296 05 

21,820 00 

650 00 

18,518 70 
2,700 00 



3,648 00 
2,000 00 
1,300 00 
8,325 00 
4,000 00 



4,500 00 
2,750 00 



1,335 00 
7,000 00 



1,500 00 



1,000 00 
79,250 00 



2,000 00 
100 00 



3,000 00 I 1,000 00 



36,575 00 
126,071 45 



14,161,809 00 



5,690 00 ' 
103,125 00 
280,800 00 
177,213 56 
145,945 25 

150,425 00 
13,937 50 
48,264 00 

246,687 43 
50,790 00 
53,600 00 
69,400 00 
61,762 04 
87,100 00 
4,148 25 

194,671 15 
791,050 00 
175,600 00 
264,200 00 
86,740 87 
3,910 00 



$21,062,845 59 



2,950 00 
3,900 00 



8,600 00 
1,600 00 



300 00 
11,246 67 

9,140 61 



2,100 00 
5,425 00 
<,800 O'O 
1&,500 00 
800 00 



♦731 ,300 31 



rayments of deposits limited. 



Temporarily enjoined. 



9,983 65 
19,700 00 



13,737 51 
80,000 00 



8,600 00 



5,112 50 
140,000 00 



4,144 65 



161,000 00 

759,500 00 

5,000 00 

54,570 26 

361,875 00 



77,600 00 

20,212 50 

9,640 00 
134,500 00 

22,000 00 
124,280 00 
584,000 00 

51,500 00 

110,000 00 



2,000 00 

50,000 00 
17,717 50 

5,043 75 
203,000 00 



200,000 00 
10,000 00 



1,000 00 

59,900 00 
238.000 00 

24,675 00 

200,000 00 
6,614 00 
17,987 50 

3,000 00 



5,200 00 

21,000 00 

2,162 50 



689,000 00 
29,000 00 
72,500 00 
35,146 00 



$6,821,650 05 



7,436 29 
329,740 00 

29,650 00 
2,881 43 
2,800 00 
36,320 33 
10,300 00 

143,952 07 

14,382 70 
15,432 09 



26,300 00 



4,500 00 
1,780 22 



26,702 57 
83,854 55 
2,500 00 

1,520 50 

244,279 69 

77,880 00 

15,825 00 

32,507 75 

3,972 03 

823 33 
22,966 80 
88,229 76 

6,365 77 
69,105 97 
13,438 42 
61,804 28 
41,939 75 

2,783 00 

145,250 00 
37,602 98 
12,000 00 
78,886 96 
70,500 00 
46,839 24 
89,754 90 
4,550 00 
11,000 00 



196,476 98 
40,825 00 
22,975 00 

74,600 00 

91,750 00 

2,518 80 

2,400 00 

141,526 83 

204,346 52 



439,410 62 

30,460 48 
10,018 95 

17,600 00 

1,800 00 

167,147 62 

115,370 91 

188,300 00 

4,400 00 
2,000 00 
4,079 55 
15,150 00 
215,215 50 

4,300 00 
2,027 05 

55,908 20 

140.213 37 

18,225 00 

92,885 29 

26,538 87 

2,740 00 



20,334 
49,029 
50,000 



31,000 00 



46,000 00 
43,942 46 



27,251 68 
6,000 00 



2,500 00 

65,000 00 
2,900 00 
7,000 00 

80,000 00 
2,500 00 



75,000 00 



1,330 29 
4,000 00 



72,982 54 



139,396 94 
104,500 00 



150,000 00 



278,601 06 
38,000 00 



50,000 00 
4,002 84 



345,150 66 
1,034,300 00 
482,950 00 
584,605 54 
801,187 00 
183,344 00 
47,650 00 
348,724 50 
218,656 00 
692,984 00 

183,000 00 
109,654 12 
38,350 00 
78,725 00 
181,586 25 
166,019 10 
382,268 80 
284,080 64 
214,225 00 
20,550 00 

180,775 00 
265,102 84 
321,329 19 
285,580 50 
439,635 00 
317,560 00 
308,619 44 
611,585 69 
465,314 34 
48,445 00 



138 
75 

275 
76 

227 
1,411 

257 

579 
6,542 

232 



031 35 
575 00 
304 20 
653 00 
042 60 
520 13 
,152 00 
,070 00 
232 00 
,200 00 



♦9,324,901 51 



♦2,575,215 04 



536,224 03 

145,340 00 

185,663 62 

853,920 00 

1,036,805 50 

57,855 50 

35,755 75 

374,575 22 

158,045 00 

227,500 00 

558.512 50 
264,989 11 
129,299 70 
108,440 00 
629,725 00 

2,335,250 00 

32,793 28 

159,304 73 

4,642,062 25 

621,638 96 

45,175 00 

1,223,837 00 

272,833 00 

105,028 25 

42,275 05 

10,847 00 

603,595 00 

490,998 66 

120,922 33 

484,570 00 

1,943,081 70 

91,075 00 

187,381 47 

103,168 00 

238,705 00 

401,692 25 

310,248 00 

69,305 00 

225,340 68 

79,462 66 

101,577 16 
2,826,072 73 

976,900 00 
1,437.402 14 

075.513 05 
322,943 00 



8,181,034 33 



72,750 00 
165,140 00 

7,600 00 
10,150 00 
18,700 00 

3,000 00 

870 00 

32,664 00 

94,700 00 

23,550 00 

11,802 97 

55,648 40 
10,253 77 
38,377 90 
95,100 00 
7,350 00 
1,150 00 
2,050 00 

7,945 00 

37,868 00 

32,015 00 

290,079 20 

2,587,136 64 

38,454 00 

68,400 00 

99,128 50 

122,810 21 

1,500 00 



3,945 19 

24,260 62 
52,830 00 

104,247 27 
23,020 00 

189,737 32 
4,892,037 89 

138,200 00 

15,165 95 
14,150 00 
22,473 12 
22,900 00 

605.100 00 
6,532 83 

45,452 77 
83,169 45 
112,225 00 
53,400 00 

17,050 00 

27,619 75 

4,170 00 

1,500 00 

50,000 00 

132,000 00 

4,777 00 

268 00 

2,070,600 00 

191,377 58 

14,384 00 

72,202 00 

219.101 00 
19,921 00 

1,800 00 

1,308 08 

11,643 59 

141,676 07 

21,528 20 

37,978 22 

486,750 00 

15,772 00 

8,292 41 

41.042 00 

53,059 07 

119,347 00 

10,000 00 

103,025 81 

6,762 00 

81,502 00 

87,750 00 

600 00 

92,019 72 

165,054 24 

47,684 24 



.^22,923,849 83 



16,000 00 
25,000 00 
1,207,500 00 
98,500 00 
93,528 00 



15,000 00 
4,000 00 

2,325 00 
3,000 00 
10,591 11 
52,500 00 
25,000 00 
57,500 00 
3,694 84 

2,000 00 

6,000 00 
5,000 00 
46,900 00 



26,350 00 
2,000 00 



2,775 00 

4,750 00 

9,700 00 

1,150 00 

213,500 00 

538,100 00 

105,000 00 



34,000 00 

80,000 00 
804,450 00 

7,070 00 
80,000 00 

7,500 00 

13,500 00 



23,087 00 

29,000 00 

337,500 00 

17,000 00 



150 00 
145,000 00 
51,500 00 

377,540 00 

53,500 00 
6,293 00 
8,000 00 

6,000 00 
25,000 00 



717,200 00 
133,100 00 
56,000 00 
77,921 09 
38,000 00 



131,088 68 
100,975 83 
68,044 06 
102,816 97 

6,908 27 
48,508 63 

3,650 64 

7,385 27 

4,998 80 

10,289 11 

15,132 45 

5,310 55 

22,427 76 



30,000 00 
14,922 07 
20,000 00 
3,354 69 
328,719 58 
17,102 84 
22,067 04 
59,731 09 

1,685 08 

4,600 91 

30,504 74 

29,086 05 

5,000 00 

52,357 52 

32,379 28 
281,703 31 
106,380 37 

20,275 86 

3,153 78 

101,000 00 

164,677 81 

2,256 44 

3,380 16 

4,669 28 
80,000 00 

51,326 54 
2,398 51 

11,398 87 
47,591 72 
73,989 55 

23,876 56 
437,598 47 



122,258 61 



1,374 63 
4,682 54 



37,573 44 



79,631 53 
11,600 00 
6,211 80 
1,628 94 



18,769 16 
17,843 74 
13,441 16 
4,679 37 

57,760 84 
202,755 41 
152,131 11 
60,003 01 
18,000 00 



31,416 43 
75 99 


4,194 19 

17,000 70 

3,853 84 

18 88 


36,253 01 
6,360 68 


358 41 
401 32 
142 63 


192 19 

1,628 37 

22,405 61 

23,175 06 

543 30 

1,558 91 



♦8,401,366 22 



8,149 65 
5,889 72 
10,705 53 
11,842 47 
9,384 65 
1,424 91 
3,625 17 
4,883 89 
5,698 91 
252 39 

1,559 41 
5,361 62 
1,176 75 

222 56 

12,432 36 

30,832 72 

3,452 17 

21,717 91 

773 27 

3,336 35 
1,210 70 

123 61 
6,488 97 
22,858 42 

150 24 
3,745 91 
10,698 91 

210 57 
2,014 16 

3,909 11 
349 50 
1,595 28 
1,261 85 
4,860 79 
1,985 82 
2,883 08 
1,945 03 
79,084 17 
2,991 06 

8,880 41 
4,064 36 
26,709 75 

180 79 

884 38 
1,759 57 

26,051 58 
2,954 24 

21,905 16 

20,912 27 

14 95 

336 39 

36 57 

10,130 50 

16,633 22 

3,338 32 

12,479 28 

8 70 

327 67 
12,564 30 

940 68 
10,470 27 
4,783 18 
31,152 00 



♦5,953.821 41 $1,315,612 90 



13,164 13 
40,009 03 

1,419 58 

667 67 

14,510 68 

805 53 

1,074 33 

4.594 62 

3.595 44 



847 80 
308 78 
872 53 



732 60 
17,432 67 



1,007 29 
583 99 

5,397 64 
987 00 
351 67 

6,091 11 

14,351 77 



201 10 

3,921 80 

73 30 

6,982 96 

216,692 69 

933 84 

14,200 00 

13,307 65 

1,019 09 

68,160 81 
500 00 
550 82 



3,167 48 
2,623 49 

4,480 93 
9,555 96 

7,197 55 

383 32 

331 00 

9,816 96 

140,572 91 

2,000 00 
1,853 47 
4,938 23 



158,228 28 

679 45 

2,246 14 

626 97 

247 23 

78 93 

932 36 

3,185 76 



7,036 22 


501 00 


366 89 


183 12 


5 00 


28,857 21 


33,640 98 


667 76 


9,200 00 


5,651 59 


25,336 01 


59,104 23 


1,287 38 


840 53 



♦1,632,452 17 



565,918 76 

2,356,255 56 

2,768,659 89 

1,399,582 68 

1,739,162 77 

347,208 52 

171,190 24 

611,356 96 

341,376 13 

1,429,967 89 

316,936 38 
166,105 20 

64.633 02 
164,553 38 
261,066 88 
288,840 49 
982,507 01 
625,192 66 
472,300 97 

34,455 75 



400,907 

498,445 

467,774 

2,286,950 

8,795,071 

925,365 

741,823 

1,751,857 

756,111 

67,340 



299,766 10 
250,612 63 
479,183 79 
175,903 90 
407,681 89 

3,119,055 94 
508,726 98 

2,076,800 30 
20,542,918 51 

1,262,180 73 

1,057,472 49 
698,262 29 
321,583 50 
2,073,017 98 
5,972,191 73 
129,971 73 
375,934 47 
679,293 58 
357,380 78 
959,560 12 



1,262,178 

416,868 

315,204 

222,058 

1,225,591 

6,431,998 

19,387 

251,794 

11,546,850 

1,453,316 

78,439 

2,778,076 

603,898 

285,101 

68,084 

19,126 

1,083,200 

1,637,108 

492,951 

1,284,459 



41 141 
142 
20 
95 
30 
69 
53 
67 
71 
54 



3,829,094 19 
152,636 70 
301,160 05 
365,999 31 
364,552 05 
733,238 42 
809,728 82 
180,548 54 
493,027 54 
145,085 53 

492,283 02 

7,368,657 40 

1,965,757 80 

2,868,944 66 

1,431,233 54 

648,051 96 

♦213,222,033 61 



Amount Invested in United Sutes bonds, $22,904,743.37; amount Invested In state, county, city, and town bonds, »16,281,W1.86. 



*—**—*»■!— ^— ^*B»*«^ ' . I. 








BANKS IE THE HANDS OF BECEIVEBS. 



Jan. '80.] PUBLIC DOCUMENT — No. 8. 



385 



BARNSTABLE SAVINGS BANK i — BARNSTABLE. 

Incorporated Jan. 29, 1831. 

Gustavus A. Hinckley, Samuel Snow, Receivers. 

Statement. 



Liabilities. 


Assets. 




Deposits 


$670,354 97 " 


Real estate .... 


$305,984 50 






Mortgage loans 


88,168 24 






Personal loans 


98,540 81 






Cambridge Land Company 








stock 


8,000 00 






Deposit in Traders' National 








Bank 


28,200 27 






Deposit in Yarmouth Na- 








tional Bank 


5,613 78 


« 




Cash 

Profit and loss account to 


4,042 08 






balance .... 


131,805 29 




$670,354 97 


$670,354 97 


Amount of assets del 


ivered to the r 


eceivers 


$1,274,040 81 



Date of delivery: June 11, 1878. 

Date, percentage, and amount of dividends allowed by the Su- 
preme Judicial Court: Oct. 15, 1878, 25 per cent, $322,815.95; 
July 2, 1879, 25 per cent, $322,815.95. 

Amount of each dividend paid to date i 

Number of open accounts . . . . . . 3,246 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 160 

Estimated amount to be realized from remaining assets 
applicable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bank stock, $249,065, 
profit, $562.79; real estate, $50,830, loss, $13,287.53; 
mortgage loans, $458,613.51, loss, $112,840.64; city and 
town bonds and notes, $47,553.12, loss, $271.87; personal 
loans, $128,623.08, loss, $905.74. 

Amount of expenses of receivership to date 

Date of examination by commissioner: Aug. 7. 



318,323 94 
302,633 11 



17,970 39 
415,000 00 



2,701 43 



1 Temporarily enjoined by decree of Supreme Judicial Court Sept. 28, 1877; perpetually 
enjoined May 23, 1878. 



49 



386 



BANK COMMISSIONERS' REPORT. 



[Jan. 



DORCHESTER SAVINGS BANK i — BOSTON. 

Incorporated 1858. 

Richakd C. Humphreys, J. Frank Pope, Receivers. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$116,008 13 


Loans on mortgages 

Loans on personal security . 

Railroad bonds 

Real estate .... 

Profit and loss 

Deposit in banks on interest, 


$43,728 70 
131 00 
10,787 50 
28,283 03 
10,585 29 
18,355 09 
4,137 52 




$116,008 13 


$116,008 13 



Amount of assets delivered to the receivers $411,124 27 

Date of delivery : March 1, 1S78. 

Date, percentage, and amount of dividends allowed by the Supreme 
Judicial Court: March 25, 1878, 25 per cent, $99,540.41; Oct. 7, 
1878, 25 per cent, $99,540.41 ; June 9, 1879, 12* per cent, $49,770.20 ; 
Sept. 8, 1879, 12* per cent, $49,770.20. 

Amount of dividends paid to date 282,153 52 

Number of open accounts 1,477 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 190 4,731 93 

Estimated amount to be realized from remaining assets 

applicable to payment of dividends 50,000 00 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: mortgages, $160,372.19. 
loss, $10,281.40; railroad bonds, $19,927.95, loss, $2,877.62; 
loans to towns, $29,092.50, loss, $665.01 ; real estate, $57,- 
386.16, loss, $24,324.13; personal loans, $21,849. 

Amount of expenses of receivership to date 3,630 33 

Pate of examination by commissioner: March 11. 



1 Perpetually enjoined by decree of Supreme Judicial Court Feb. 26, 1878. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



387 



HYANNIS SAVINGS BANK l — HYANNIS. 

Incorporated April, 1868. 

Joseph R. Hall, Frank Thachek, Receivers. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$295,159 02 


Mortgage loans 

Personal loans 

Real estate .... 

Bank stock .... 

Suspense account . 

Protit and loss account 

Deposit in Shawmut Nat'l 

Bank 

Deposit in First Nat'l Bank, 

Hyannis .... 


$59,545 23 

49,515 95 

96,602 91 

5,100 00 

573 00 

35,670 99 

36,046 88 

10,038 96 
2,065 10 




$295,159 02 


$295,159 02 



Amount of assets delivered to the receivers $529,058 64 

Date of delivery : Sept. 16, 1878. 

Date, percentage, and amount of dividends allowed by the Supreme 

Judicial Court: Jan. 8, 1879, 25 per cent, $131,154.26; Sept. 25, 

1879, 25 per cent, $131,154 26. 

Amount of each dividend paid to date > 

Number of open accounts 1,584 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 98 

Estimated amount to be realized from remaining assets 
applicable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each : bank stock, $125,210.50, 
loss, $32,951.51 ; bonds, $31,301.25, profit, $254.07 ; real estate, 
$19,456.03, loss, $9,799.42; mortgage loans, $83,774.82, loss, 
$4,576.25; personal loans, $54,970.74, loss, $6,750.82. 

Amount of expenses of receivership to date , 528 57 

Date of examination by commissioner: July 12. 



128,545 80 
100,912 23 



10,532 28 
190,000 00 



i Temporarily enjoined by decree of Supreme Judicial Court Oet. 2, 1877; perpetually 
enjoined Sept. 11, 1878. 



388 



BANK COMMISSIONERS' REPORT. 



[Jan. 



LANCASTER SAVINGS BANRi — LANCASTER. 

Incorporated 1845. 
William H. McNeil, Elisha Brimhall, Benjamin Snow, Receivers. 

Statement. 



Liabilities. 

• 


Assets. 


Deposits 
Dividends . 


$451,417 50 
4,560 59 


Railroad bonds 
Mortgage of real estate 
Loan on personal security . 
Profit and loss 


3 1,500 00 
253,650 00 

40,707 38 

123,391 55 

6,729 16 




$455,978 09 


$455,978 09 



Amount of assets delivered to the receivers $1,030,523 27 

Date of delivery : Jan. 1, 1876. 

Date, percentage, and amount of dividends allowed by the Su- 
preme Judicial Court: June 10, 1876, 33£ per cent, $324,463.45; 
Nov. 19, 1877, 10 per cent, $96,732.32; Oct. 29, 1878, 10 per cent, 
$96,732.32. 

Amount of each dividend paid to date 

Number of open accounts 2,397 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 36 

Estimated amount to be realized from remaining assets 
applicable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bank stock, $76,300, 
profit, $15,559.50; loans on bank stock, $2,000; public 
funds, $1,075; railroad stock, $1,692, loss, $366.75; mort- 
gage of real estate, $348,456.27, loss, $70,604.18; personal 
security, $250,142.62, loss, $105,607 91. 

Amount of expenses of receivership to date 27,720 03 

Date of examination by commissioner: Aug. 20. 



323,402 36 
95,853 47 
94,111 67 



3,183 24 
50,000 00 



l Perpetually enjoined by decree of Supreme Judicial Court Dec. 30, 1875. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



389 



LEXINGTON SAVINGS BANK i — LEXINGTON. 

Incorporated March, 1871. 

George W. Robinson, Receiver. 

Statement. 



Liabilities. 


Assets. 


Am't due depositors, 
Less paid first divi- 
dend of 25 per cent 
allowed by S. J. C. 
Dec. '78 ($23,161.29), 
also second allowed 
by same, Aug. 1879, 
of 25 per cent ($21,- 
940.09) . 


$95,222 52 
45,101 38 


Mortgages on real estate 

Cost value of real estate 
obtaiued and now held by 
foreclosure .... 

Personal securities 

Cash on hand .... 


$6,600 00 

26,700 00 

4,550 00 

19,906 44 


Balance due depos'rs, 
Surplus . 


$50,121 14 
7,635 30 






$57,756 44 


$57,756 44 



Amount of assets delivered to the receivers $101,209 89 

Date of delivery: Dec. 24, 1878. 

Date, percentage, and amount of dividends allowed by the Supreme 

Judicial Court: 2 December, 1878, 25 per cent, $22,550.69; 

August, 1879, 25 per cent, $22,550.69. 

Amount of each dividend paid to date . . . ... [ 

Number of open accounts 473 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 83 

Estimated amount to be realized from remaining assets 
applicable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: mortgages real estate, 
$27,750; personal estate, $16,210.10; public stocks, $4,000; 
real estate held by foreclosure, $2,500, — all at par value. 

Amount of expenses of receivership to date 153 02 

Date of examination by commissioner : Dec. 16. 



23,161 29 
21,940 09 



2,542 93 
51,896 44 



1 Perpetually enjoined by decree of Supreme Judicial Court Oct. 14, 1878. 

2 A dividend of twenty-five per cent has been allowed since this report was compiled. 






390 BANK COMMISSIONERS' REPORT. [Jan. 

MECHANICS' SAVINGS BANK* — BOSTON. 

Incorporated March 30, 1874. 

George R. Dwelley, John F. Colby, Receivers. 

Statement* 



Amount of assets delivered to the receivers $421,960 33 

Date of delivery: Feb. 21, 1877. 

Date, percentage, and amount of dividends allowed by the Supreme 

Judicial Court: July 10, 1877, 40 per cent, $171,469.50; May 9, 

1879, 32J per cent, $138,032.95. 

Amount of each dividend paid to date r 

F ) 136,893 05 

Balance due depositors 1,548 29 

Number of open accounts Feb. 21, 1877 .... 1,709 
Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 107 408 99 

Number of open accounts 188 

Amount of each class of assets received, and amount of profit 
or loss on each: deposits in banks, $16,163.97; cash in safe, 
$295.30; loans on personal security, $2,000; mortgages of 
real estate, $262,938, loss, $76,347.63; bank stock, $64,318.25, 
loss, $8,592.46; public funds, $24,850, loss, $1,787.50; real 
estate, $47,731.97, loss, $22,671.55; furniture and fixtures 
(chiefly fixtures), $3,662.84, loss, $3,236.84. 
Amount of expenses of receivership to date .... 8,264 18 

Beside the above expenses legitimate to the close of the busi- 
ness of the bank, the receivers paid for a cancellation of 

the lease pressing upon the bank 6,500 00 

Debts of bank not liquidated, but incurred before appointment 
of receivers 1,892 80 



1 Perpetually enjoined by decree of Supreme Judicial Court Jan. 12, 1877. The bank has 
now closed up its affairs. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



391 



MERCANTILE SAVINGS INSTITUTION i — BOSTON. 

Incorporated 1861. 

Alvah A. Bltrrage, Henry G. Crowei/l, Alphonzo J. Robinson, Receivers. 

Statement. 



Liabilities . 


Assets. 


To depositors, after 




Casb on hand .... 


$550,184 39 


first and second div- 




Mortgage loans 


317,368 81 


idends 


$2,309,170 33 


Real estate owned . . 


1,080,179 91 


To balance first divi- 




Bankbuilding 


173,603 21 


dend unpaid . 


5,808 35 


Bank stock .... 


2,860 00 


To balance second 




Land and Brick Company 




dividend unpaid 


5,434 69 


stock 


7,243 00 


To persons at present 




Personal securities 


10,871 45 


unknown 


310 60 


Suspense account . 


1,166 30 


To excess from sales 




Summer-street lease account, 


19,102 13 


mortgaged estates . 


150 17 


Bank furniture 


505 50 


To suspense account 




Pianos 


592 55 


partial payments on 




Deficit 


367,716 68 


estates sold 


3,526 00 






To capital stock . 


205,200 00 






To unpaid dividend 








on capital stock 


1,793 79 








$2,531,393 93 


$2,531,393 93 



653,954 61 
324, 44G 79 



29,041 40 
27,462 08 



Amount of assets delivered to receivers ..... $3,519,294 70 

Date of delivery: Feb. 27, 1878. 

Date, percentage, and amount of dividends allowed by the Su- 
preme Judicial Court: 2 May 13, 1878, 20 per cent, $659,762.96; 
Jan. 1, 1879, 10 per cent, $329,881.48. 

Amount of each dividend paid to date ? 

Number of open accounts 9,792 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 1,057 

Amount expenses receivership to date (20 months) 
Amount of each class of assets disposed of to date, and 
amount of profit or loss on each : mortgages paid in full 
with interest, $382,446.51, profit, $26,194.76; mortgages 
paid at discount, $322,274.78, loss, $83,063.60; mortgages 
under foreclosure, $18,373.10, profit, $1,173.44; mort- 
gages under foreclosure, $153,216.54, loss, $60,356.89; 
estates owned, $56,417-64, loss, $23,046.67; personal secu- 
rities, $16,918,24; railroad bonds, $187.70'), profit, $5,- 
496.46; public funds, $429,500, profit, $32,633.43; bank 
stock, $9,500, loss, $513.75; loans to towns, $33,225, profit, 
$601.78; pianos taken for rent, $3,898.79, loss, $1,512.67. 
Estimated amount to be realized from remaining assets 

applicable to payment of dividends 1,401,996 27 

Date of examination by commissioner: July 7. 



1 Perpatually enjoined by decree of Suprome Judicial Court Feb. 5, 1878. 

2 A dividend of fifteen per cent has been ordered since this report Was compiled. 



392 



BANK COMMISSIONERS' REPORT. 



[Jan. 



In estimating the sum likely to be realized from the remaining assets, which 
are now mostly in mortgages, and real estate acquired by foreclosure, the re- 
ceivers have allowed for a much larger percentage of loss than has already been 
suffered upon such assets, for the reason, that, in converting property of this 
character into cash, that which is most desirable, and consequently most 
salable, is likely to be disposed of first. It is impossible to determine with 
certainty what the ultimate result will be. We think, however, it will not 
fall below, and hope it may exceed, our estimate. 

When the receivers came into possession of the assets of the institution, they 
found a mortgage of $95,016.05 upon the bank building, and that the institution 
held $102,000 in Illinois and Kansas county and township bonds as an offset to 
this mortgage. The receivers have cancelled the mortgage by the payment of 
$81,704.46 in cash, which amount was its equitable value at the time of pay- 
ment. 

They have realized from $76,000 of these bonds sold the sum of $66,562.41, 
and have remaining on hand unsold bonds of uncertain value, to the amount 
of $26,000, to cover the sum of $19,102.13 taken from the general fund of the 
institution. 

Amount of bonds on hand Feb. 27, 1878: Ottawa City, Kan., $9,000, net pro- 
ceeds, $10,255, profit, $1,255; Osage County, Kan., $7,000, net proceeds, 
$5,947.91, loss, $1,052.09; Greenwood County, Kan., $15,000, net proceeds, 
$16,402.77, profit, $1,402.77; Dickinson County, Kan., $1,000, net pro- 
ceeds, $1,119.72, profit, $119.72; Montgomery County, Kan., $3,000, net 
proceeds, $3,384.16, profit, $384.16; Douglas County, Kan., $20,000, net pro- 
ceeds, $5,400, loss, $14,600; Olio Township, 111., $5,000, net proceeds, 
$5,647.26, profit, $647.26; West Lincoln Townships, 111., $5,000, net pro- 
ceeds, $4,750, loss, $250; Saline County, Kan., $6,000, net proceeds, $6,700, 
profit, $700; Coffry County, Kan., $5,000, net proceeds, $5,583.33, profit, 
$583.33; Unity Township, 111. (unsold), $14,000, net proceeds, $572.26, 
profit, $572.26, loss, interest on deposit; Lowe Township, 111. (unsold), 
$12,000, net proceeds, $800, profit, $800, loss, interest on Unity bonds. 



NEEDHAM SAVINGS BANK i — NEEDHAM. 

Incorporated April 7, 1874. 
Emery Grover, Galen Orr, Receivers. 

Statement. 



Liabilities. 


Assets. 


Due depositors . 
Interest collected 


$18,197 62 
913 35 


Real estate . . . . 
Loans on real estate 
Loans on personal security . 
Judgment . . . 
Furniture .... 
Cash on hand .... 
On deposit .... 


$1,100 00 

9,650 00 

2,615 50 

735 00 

519 36 

182 56 

4,308 55 




$19,110 97 


$19,110 97 

• 



1 Perpetually enjoined by decree of Supreme Judicial Court March 4, 1879. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



393 



Amount of assets delivered to the receivers $23,623 37 

Date of delivery : March 4, 1879. 

Date, percentage, and amount of dividend allowed by the Supreme 
Judicial Court: 1 July 23, 1879, 25 per cent, $5,837.88. 

Amount of each dividend paid to date . . . . . . 5,156 55 

Number of open accounts 209 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 71 681 31 

Estimated amount to be realized from remaining assets 
applicable to payment of dividends ...... 18,500 00 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bank stock, $1,680.50, 
loss, $445.50; mortgage on real estate, .$7,750; loans on 
personal security, $819.50. 

Amount of expenses of receivership to date 87 42 

Amount of receivers' bonds, each 10,000 00 

Date of examination by commissioner : Dec. 13. 



NORTH BRIDGEWATER SAVINGS BANK 2 — BROCKTON. 

Incorporated April 24, 1851. 

Rufus P. Kingman, Elljs Ames, Receivers. 

Statement. 



Liabilities. 


Assets. 


Deposits, less divi- 
dends 
Suspense account 
Profit and loss . 
Interest account 
Unpaid dividends per 
statement 


$192,976 09 

3,305 57 

11,610 80 

47,518 44 

12,564 38 


Mortgage loan 

Personal loan .... 

Real estate .... 

Bank stock .... 

E. Southworth 

Dunbar & Co. 

Furniture and fixtures . 

Expense 

Cash in bank .... 
Cash in bank, unpaid divi- 
dends 

Cash on hand .... 


$63,648 79 

48,414 40 

5,000 00 

21,598 74 

72,403 22 

3,358 90 

208 55 

11,250 61 

28,621 65 

12,564 38 
906 04 




$267,975 28 


$267,975 28 



Amount of assets delivered to the receivers .... 

Date of delivery: Nov. 19, 1877. 

Date, percentage, and amount of dividends allowed by the 

Supreme Judicial Court: Jan. 1878, 25 percent, $137,840.08; 

Oct. 8, 1878, 25 per cent, $137,840.07; Aug. 22, 1879, 15 per 

cent, $82,704.04. 

Amount of each dividend unpaid . . ... 



$450,840 40 



2,225 86 
3,264 94 
7,073 58 



1 A dividend of twenty-five per cent has been allowed since this report was compiled. 

2 Temporarily enjoined by decree of Supreme Judicial Court April 5, 1877; perpetually 
enjoined "Nov. 13, 1877. 

50 



394 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of open accounts 2,297 

Number and amount of open accounts on which no divi- 
dend has been claimed or paid . . . • . . .82 $8,188 80 

Estimated amount to be realized from remaining assets 

applicable to payment of dividends 120,000 00 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bonds sold, $17,152.20, 
profit, $150.32; bank stocks sold, $6,000, loss, $420; mort- 
gage loan paid, $209,925.67, loss $875; personal loan paid, 
$75,421.69, loss, $3,422.80. 

Amount of expenses of receivership to date 8,850 01 

Date of examination by commissioner: July 12. 



BEADING SAVINGS BANK i — READING. 

Incorporated July 14, 1869. 

William J. Holden, Solon Bancroft, Receivers. 

Statement. 



Liabilities. 


Assets. 


Deposits 


$155,455 90 


Mortgage loan 2 


$57,520 00 


Other claims, mostly 




Personal loan 2 


12,«79 00 


upon alleged depos- 




Cash on deposit 


19,591 73 


it books "I the bank, 




Bank stock .... 


2,849 34 


have been present- 




Real estate in possession 


12,150 00 


ed, amounting to 




Real estate owned . 


7,770 00 


about #30,000, which 




Deficit 


42,895 83 


have not been ad- 








mitted by us as 








valid claims. 










$155,455 90 


$155,455 90 



Amount of assets delivered to the receivers 3 . . . . . $108,962 81 
Date of delivery: April 23, 1879. 

Assets since recovered 4,250 00 

Date, percentage, and amount of dividend allowed by the Supreme 

Judicial Court: Nov. 3, 1879, 12£ per cent, $19,482.61. 

Number of open accounts 686 

Estimated amount to be- realized from remaining assets 

applicable to payment of dividends 30,000 00 

Amount of each class of assets disposed of to date, and 

amount of profit or loss on each: mortgages, $14,400, loss, 

$343.40; personal notes, $4,173.43, no loss. 



1 Perpetually enjoined by decree of Supreme Judicial Court April 11, 1879. 

2 Mortgages and personal notes include those in dispute, amounting, as nearly as we can now 
estimate, to $55,757.26. 

3 This includes those the title of which is in dispute. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



395 



Amount of expenses of receivership to date . 

Amount of receivers' bonds, each 

Date of examination by commissioner: various days in April. 
Amount paid to late treasurer, and not indorsed on genuine undis- 
puted notes held by the receivers . . . . 



$l,4Sl 22 
20,000 00 



1,300 00 



ROCKPORT SAVINGS BANK i — ROCKPORT. 

Incorporated 1853. 

Charles P. Thompson, Joseph Manning, Receivers. 

Statement. 



Liabilities. 


Assets. 


Amount due deposit- 
ors .... 
Guaranty fund . 
Profit and loss . 


$108,122 57 

1,400 00 

13,783 75 


Real estate .... 
Mortgages real estate . 
Personal notes 
Bank stock (at cost) 
Cash on deposit 


$37,194 14 

74,696 69 

1,354 00 

1,000 00 

9,061 49 




$123,306 32 


$123,306 32 



Amount of assets delivered to the receivers $194,459 71 

Date of delivery: March 1, 1878. 

Date, percentage, arid amount of dividends allowed by the Su- 
preme Judicial Court: Oct. 23, 1878,, 25 per cent, $45,603.89; 
Oct. 3, 1879, 20 per cent, $36,483.11. 

Amount of each dividend paid to date > 

Number of open accounts 882 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 100 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends . . . 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: real estate, $3,750; mort- 
gages, $48,466.31, loss, $279; bank stock, $22,866.05, net 
loss, $1,515.63; personal notes, $2,141. 

Amount of expenses of receivership to date 3,892 13 

Date of examination by commissioner : June 2. 



45,024 95 
29,287 97 



1,157 88 



83,354 00 



1 Perpetually enjoined by decree of Supreme Judicial Court April 19, 1878. 






396 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SANDWICH SAVINGS BANK i — SANDWICH. 

Incorporated 1866. 

H. G. O. Ellis, John B. D. Cogswell, Receivers. 

Statement. 



Liabilities. 


Assets. 


To amount due de- 
positors . 
Surplus 


$69,756 11 
1,688 54 


By balance due on personal 
notes . . 

By balance due on mortgage 
notes, which includes prop- 
erty held by foreclosure . 

Cash 


$7,617 22 

50,425 27 
13,402 16 




$71,444 65 


$71,444 65 



Amount of assets delivered to the receivers *109,586 22 

Date of delivery: April 1, 1878. 

Date, percentage, and amount of dividends allowed by the Supreme 

Judicial Court: Aug. 23, 1878, 30 per cent, $32,442.95; Oct. 22, 

1879, 15 per cent, $16,221.60. 

Amount of each dividend paid to date i 

Number of open accounts 518 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 34 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bonds, $14,000, profit, 
$1,630; mortgage loans, $19,337.73, loss, $1,700: personal 
security loans, $17,095.78; interest received on mortgage 
and personal security loans, $4,447.35. 

Amount of expenses of receivership to date 2,630 42 

Date of examination by commissioner: July 2. 

1 Temporarily enjoined by decree of Supreme Judicial Court Aug. 25,1877; perpetually 
enjoined Jan. 29, 1878. 



32,155 28 
6,233 93 



954 01 



37,000 00 



1880.] 



PUBLIC DOCUMENT— No. 8. 



397 



WEST BOSTON SAVINGS BANK i — BOSTON. 

Incorporated 1867. 

Lyman P. French, Clement "Willis. Receivers. 

Statement. 



Liabilities. 


Assets. 




Deposits . . 

Interest 

Rent .... 

Insurance . 


$732,690 97 

3,299 33 

1,431 77 

102 08 


Cash 

Real estate .... 
Bank stock .... 
Bills receivable 
Loans on real estate 
Loans on personal security . 
Loans on bank stock . 
Profit and loss 


$134,127 06 

205,760 90 

7,326 67 

256 12 

215,992 00 

65,475 50 

300 00 

108,285 90 




$737,524 15 


$737,524 15 



Amount of assets delivered to the receivers .... $1,939,897 59 

Date of delivery: Jan. 12, 1878. 

Date, percentage, and amount of dividends allowed by the Supreme 
Judicial Court: June 1, 1878, 25 per cent, $455,503.96; Eeb. 4, 
1879, 15 per cent, $273,302.37; April 23, 1879, 10 per cent, $182, 
201.58; September, 1879, 15 per cent, $273,302.37. 



452,223 45 
267,921 65 
174,430 98 
194,749 65 



Amount of each dividend paid to date 

J 

Number of open accounts 5,451 

Number and amount of open accounts upon which no divi- 
dend has been claimed or paid 766 13,122 04 

Estimated amount to be realized from remaining assets appli- 
cable to payment of dividends, about 12£ per cent more, or . . 225,000 00 

Amount of each class of assets disposed of to date, and 
amount of profit or loss on each: bills receivable, $582.62; 
mortgages, $579,908.43, loss, $16,443.08; real estate, $341,- 
370.57, loss, $187,133.31; bank stock, $157,655.21, loss, $42,- 
789.60; public funds, $47,906.25, loss, $948.75; railroad 
bonds, $3,300, profit, $135; loan to town, $20,000; personal 
security loan, $103,000. 

Amount of expenses of receivership to date 12,009 35 

Date of examination by commissioner: Nov. 20. 

1 Temporarily enjoined by decree of Supreme Judicial Court Dec. 29, 1877; perpetually 
enjoined Jan. 9, 1878. 



Jan. '80.] PUBLIC DOCUMENT— No. 8. 



399 



AGGREGATE STATEMENT OE BANKS IN THE HANDS OP 

RECEIVERS. 



Liabilities. 


Assets. 


Deposits 
Guaranty fund . 
Sundries 


$5,160,430 35 

1,400 00 

323,002. 20 


Bank stock .... 
Loans on bank stock . 
Railroad bonds . . . 
Real estate .... 
Real estate by foreclosure . 
Loans on real estate 
Loans on personal security . 
Profit and loss 

Cash on hand .... 


$40,734 75 

300 00 

42,287 50 

181,373 21 

1,840,380 66 

1,100,568 46 

342,472 21 

400,730 02 

125,014 24 

008,085 29 

402,077 21 




$5,403,832 55 


$5,403,832 55 



400 



BANK COMMISSIONERS' REPORT. 



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PUBLIC DOCUMENT — No. 8. 



401 



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51 



402 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Statements were made by the following-named companies, in 
accordance with the provisions of their charters : — 



BOSTON SAFE DEPOSIT AND TRUST COMPANY — BOSTON. 

Nov. 5, 1879. 



Liabilities. 
Capital stock: — 
Trust and safe deposit department .... $350,000 00 
General deposit and loan department . . . 50,000 00 

Profit and loss 
Deposits . 
Trust funds 
Income 
Dividends unpaid 



Assets. 

United States Government bonds 

City bonds 

Railway bonds 

Town bonds . 

Bank stocks 

Loans on notes with collaterals or sureties 

Loans on mortgages of real estate 

General expenses paid 

State taxes 

Stock B. S. D. and T. Company, for distribution under by-laws 

Safes, &c 

Cash 



TRUST DEPARTMENT. 

Liabilities. 

In trust . . 

Income 

Assets. 

United States Government bonds 

City bonds 

Railway bonds 

Railroad stock 

Bank stock 

Manufacturing stock 

Music Hall Association stock 

Mortgages of real estate 

Massachusetts Hospital Life Insurance Company in trust, annuities, 

Estates occupied by beneficiaries 

Loans on collateral and personal security 

Town notes 

Cash : — 

Principal uninvested $170 95 

Income unpaid 3,187 15 



$400,000 00 

24,550 61 

972.161 60 

3,358 10 

27,395 98 

540 00 



$1,428,006 29 



$353,206 62 

30,710 00 

217,952 50 

45,350 00 

2,450 00 

488,307 84 

164,000 00 

10,964 41 

2,612 00 

1,000 00 

47,246 85 

64,206 07 



$1,428,006 29 



$569,055 13 
3,187 15 



$572,242 28 



$185,355 13 

27,470 00 

65,475 00 

20,981 00 

68,694 00 

40,350 00 

200 00 

102,069 73 

10,000 00 

17,425 00 

25,864 32 

5,000 00 



3,358 10 



$572,242 28 



Date of examination by commissioner: Nov. 6. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



403 



CHAPIN BANKING AND TRUST COMPANY — SPRINGFIELD. 

This institution ceased to do business Sept. 30, 1879, and its assets and obliga- 
tions were assumed by the Chapin National Bank Oct. 1, 1879. 
Date of examination by commissioner; July 30. 



COLLATERAL LOAN COMPANY 
Oct. 31, 1879. 



BOSTON. 



Liabilities. 
Capital stock paid in . 
Reserve account, No. 39 

Notes payable 

Dividends unclaimed .... 
Undivided profits .... 

Resources. 

Cash 

Loans outstanding 

Furniture 



$150,000 00 

557 03 

25,474 60 

1,045 00 

10,337 51 



$187,414 14 



$7,834 65 

175,915 66 

3,663 83 



$187,414 14 



Date of examination by commissioner : Dec. 19. 



MASSACHUSETTS LOAN AND TRUST COMPANY — BOSTON. 

Oct. 31, 1879. 



Capital stock actually paid in . 
Investments in United States loans 

Cash on hand 

Dividend paid Aug. 15, 1879, since last report 



$500,000 00 

403,327 57 

6,185 52 

3 per cent. 



This corporation takes no deposits, and has never opened or done any business 
under its Trust Department, and has therefore no returns to make, as provided 
by its charter, other than those given herein. 

Date of examination by commissioner : Nov. 29. 



404 



BANK COMMISSIONERS' REPORT. 



[Jan. 



NEW ENGLAND TRUST COMPANY — BOSTON. 
Oct. 31, 187!). 



Liabilities. 
Capital stock . 
Deposits . 
Interest 

Profit and loss account 
Guaranty account . 
Commissions 
United States tax . 
Deposits for payment of coupons 
Dividends unpaid . 
Sinking funds of railroad companies 



Assets. 

United States Government bonds 

City of Charlestown bonds . . . 

Mortgage notes 

Loans on time, due prior to April 10, 1880, notes with 
collaterals or sureties 

Loans on time notes to cities, counties, and towns in 
New England, due prior to April 10, 1880 

Loans on time notes to corporations in Massachu- 
setts, due prior to April 10, 1880 .... 

Loans on call, with collateral or securities . 
Loans on call to corporations in Massachusetts . 

Cash in banks in Boston 

Cash in office . 

Expense account 



Trust Department. 

Liabilities. 

Trust accounts 

Income 

Dividends unpaid .... 



Assets. 
United States Government bonds 
City bonds in Massachusetts , 

State bonds in New England 
Railroad company's bonds (Massachusetts) 
Railroad company's stocks (Massachusetts) 

Mortgage notes 

Notes 

Real estate 

Stock in national banks in Boston 
Cash in banks in Boston . 

Change in investments 

Income of special trust . 



$500,000 00 

5,082,81 \r> 58 

79,513 42 

15,109 17 

135,000 00 

899 10 

10,429 91 

68,472 00 

200 00 

11,087 23 



1, 359, 723 25 
187,000 00 
100,000 00 



$1,106,223 38 
113,000 00 



$742,589 55 
9,925 32 



$423,586 96 
3,235 61 
2,170 47 



$4,240 00 
34,262 74 



$169,000 00 

11,000 47 

5,000 00 



$85 19 
5 45 



>,903,436 41 



$1,238,500 00 
12,000 00 
11,500 00 



2,646,723 25 

1,219,223 38 

752,514 87 



$5,880,461 50 
22,974 91 

$5,903,436 41 



$428,993 04 



$122,424 22 
43,222 25 
24,640 00 



38,502 74 



185,000 47 

11,545 50 

3,567 22 



90 64 



$428,993 04 



Date of examination by commissioner: Nov. 5. 



1880.] 



PUBLIC DOCUMENT — No. 8. 



405 



WORCESTER SAFE DEPOSIT AND TRUST COMPANY 

Oct. 31, 1879. 



WORCESTER. 



Capital stock . 

Deposits . 

Profits: — 
Interest 
Exchange 
Commission . 
Safe rental . 
Deposit premium 
Profit and loss 
Surplus fund 

Dividends unpaid 



Cash: — 
In hanks 
In office . 



Liabilities. 



Assets. 



Stocks : — 
Central National Bank, New York 
Ninth National Bank, New York 

Loans: — 
Notes of corporations . 
To individuals with' collaterals . 
On mortgage of real estate 



General expenses . 
Furniture and fixtures 
Premiums . 
Coupons . 
Clearing-house fund 
Real estate . 



Bonds: — 
United States Government .... 
Vt. Central and Vt. and Canada equipment 8s 

Old Colony Railroad 7s 

Worcester Street Railway ..... 



Dividend Oct. 1, 1879 (3 per cent) 
Number of depositors 



$6,000 
1,479 



$2,294 00 

5 55 

20 00 

2,272 50 

272 00 

12,966 06 

20,000 00 



$112,280 62 
80,387 94 



$276,000 00 

152,000 00 

2,000 00 

20,000 00 



$13,400 00 
5,000 00 



$629,770 87 
15,525 00 
76,900 00 



$10,000 00 

46,598 31 

94 64 

1,000 00 

33,000 00 



$200,000 "00 
1,236,476 60 



37,830 11 
384 00 



1,474,690 71 

$192,668 56 

450,000 00 
18,400 00 



722,195 87 
733 33 



90,692 95 



L, 474,690 71 



Date of examination by commissioner: April 30. 



STATEMENTS 



OF THE 



CO-OPERATIVE SAVING-FUND 



AND 



LOAN ASSOCIATIONS. 



MADE IN CONFORMITY TO THE REQUIREMENTS OF 
CHAPTER 129 OF THE ACTS OF 1879. 



408 



BANK COMMISSIONERS' REPORT. 



[Jan. 



CAMBRIDGE CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION—EAST CAMBRIDGE. 

Incorporated Sept. 11, 1877. Commenced business Sept. 12, 1877. 

Capital to be accumulated, $500,000. 
Hufus R. Wade, President. Secretary, Robert L. Sawin. 

John Loughrey, Treasurer. 

Statement. 



Liabilities. 




Assets. 




59 shares of stock, first series, 




Loans on real estate, 


$2,700 00 


at #24.51 . . . . 


$1,446 09 


Loans on shares 


728 00 


29 shares of stock, second se- 




Fines .... 


69 


ries, at $20.79 


602 91 


Balance of perma- 




27 shares of stock, third se- 




nent expense ac- 




ries, at $17.82 


481 14 


count 


135 53 


39 shares of stock, fourth se- 




Cash on hand . 


124 91 


ries, at $14.81 


577 59 






14 shares of stock, fifth series, 








at $12.08 .... 


169 12 






32 shares of stock, sixth se- 








ries, at $9.01 .... 


288 32 






16 shares of stock, seventh se- 








ries, at $5.90 .... 


94 40 






5 shares of stock, eighth se- 








ries, at $2.89 .... 


14 45 






Secretary 


13 33 






Forfeited share account . 


1 08 






Surplus undivided . 


70 








$3,689 13 


$3,689 13 



Number of shares issued to date 389 

Number of shares now in force 221 

Number of shares borrowed upon to date .... 87£ 

Number of shares now borrowed upon 67£ 

Amount of clues received to date $5,094 00 

Highest premium received to date (per share) : 82 cents. 
Lowest premium received to date (per share) : 5 cents. 

Fines for non-payment of dues 36 35 

Transfer fees (each) 25 

Number of members to date . 89 

Number of members withdrawn to date 37 

Present number of members 52 

Number of borrowers to date 23 

Number of non-borrowers to date 29 

Amount of loans to date 3,883 00 

Number and amount of loans on real estate .... 9 3,000 00 
Number and amount of loans secured by first mortgage of 

real estate . 9 3,000 00 

Number and amount of loans on shares 21 S83 00 

Largest loan to any one member 800 00 

Smallest loan to any one member 10 00 

Largest number of shares held by any one member . . 15 



1880.] 



PUBLIC DOCOIEXT — Xo. 8. 






Amount of expenses of the corporation for previous year 

Value of shares at last report 

Total value of unpledged shares 

Geographical limit : Massachusetts. 

Amount of cash received to date 

Amount of cash paid to date 

Secretary's salary 

Treasurer's bonds 

Secretary's bonds 

Date of visitation by commissioner : May 20. 



S125 21 


3,310 50 


1.179 -41 


5.725 35 


5,600 44 


40 00 


1,000 00 


500 00 



CAMPELLO CO-OPERATIVE SAYING-FUND AND LOAN ASSOCIA- 
TION— BROCKTOX. 

Incorporated Oct. 3, 1877. Commenced business Oct. B, VST!. 

Capital to be accumulated, $1,000,000. 

Albekt Keith, President. : .tary, Waero T. Copela>d. 

George E. Keith, Treasurer. 

Statement. 



Liabilities. 




AsSRS. 






701 shares of stock, first se- 




Loans on real estate, 


$26 


.350 00 


ries, at 826.06 


18,896 96 


Loans on shares 




1 


337 shares of stock, second se- 




Unpaid dues 




144 CO 


ries, at $13.48 


4.54l 1 


Interest account 




114 38 


34 • shares of stock, third se- 




Premium account 




6*i 98 


ries, at 51 


347 00 


Fines .... 




1 66 


Dues paid in advance 


2.455 00 


Balance of perma- 






Surplus 


3«a 


nent expense sect. 




128 55 


Secretarv 1 


177 54 


Withdrawal prcr 




3 IS 


Treasurer 1 


549 01 










$27,338 75 


5_: 


38 " * 



Number of shares issued to date 
Number of shares now in force . 
Number of shares borrowed upon to date 
Number of shares now borrowed upon 
Amount of dues received to date 
Highest premium received to date 
Lowest premium received to date 
Fines for non-payment of dues, including 

anee 

Transfer fees 

Number of members to date 
Number of members withdrawn to date 
Present number of members 
Number of borrowers to date 
Number of non-borrowers to date 
Amount of loans to date 

1 This is money borrowed of secretary and tre 
orders on account of a loan. 



tine; 



for non-attend 



1.461 

1,385 

231 



$25.4"- B3 

1 10 

15 

105 46 
7 25 



40 
260 

4S 
212 

. i- - 

surer in advan. . ipt of dues, to pay 



52 



410 BANK COMMISSIONERS' REPORT. [Jan. 

Number and amount of loans on real estate .... 38 $26,350 00 
Number and amount of loans secured by first mortgage of real 

estate 36 25,150 00 

Number and amount of loans secured by other mortgage of 

real estate 2 1,200 00 

Number and amount of loans on shares 5 530 00 

Largest loan to any one member 2,100 00 

Smallest loan to any one member 25 00 

Largest number of shares held by any one member . . 25 

Amount of expenses of the corporation for previous year . . 207 93 

Value of shares at last report: first series, $25.96; second 

series, $12.48; third issued since report. 

Total value of unpledged shares 20,599 86 

Geographical limit : Massachusetts. 

Amount of cash received to date 30,038 63 

Amount of cash paid to date 30,705 18 

Salaries 150 00 

Treasurer's bonds 1,500 00 

Secretary's bonds 1,500 00 

Date of visitation by commissioner : July 14. 



EQUITABLE CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION—LYNN. 

Incorporated Oct. 2, 1877. Commenced business Oct. 8, 1877. 

Capital to be accumulated, $1,000,000. 

James H. Richards, President. Secretary, Benjamin E. Porter. 

Robert G* Stuart, Treasurer. 

Statement. 



Liabilities. 


Assets. 


173 shares of stock, first se- 
ries, at $26.20 

62 shares of stock, second se- 
ries, at $13.30 

64 shares of stock, third se- 

Forfeited share account . 
Dues paid in advance 
Other liabilities 


$4,532 60 

824 60 

64 00 

36 91 

52 00 

9 00 


Loans on real estate, 
Loans on shares 
Unpaid dues 
Interest account 
Balance of perma- 
nent expense acct. 
Temporary loan 
made by directors, 
Cash on hand . 


$4,550 00 

205 00 

153 00 

13 26 

76 11 

500 00 
21 74 




$5,519 11 


$5,519 11 



Number of shares issued to date 
Number of shares now in force . 
Number of shares borrowed upon to date 
Number of shares now borrowed upon 
Amount of dues received to date 
Highest premium received to date : 10 cents. 
Lowest premium received to date : 3 cents. 
Fines for non-payment of dues 



435 

299 

44 

41 



5,197 00 



36 67 



1880.] 



PUBLIC DOCUMENT — No. 8, 



Transfer fees 

Number of members to date 131 

Number of members withdrawn to date 49 

Present number of members 82 

Number of borrowers to date 14 

Number of non-borrowers to date 117 

Amount of loans to date 

Number and amount of loans on real estate .... 9 
Number and amount of loans secured by first mortgage of 

real estate 9 

Number and amount of loans on shares . . . . . 4 
Largest loan to any one member . . . 

Smallest loan to any one member 

Largest number of shares held by any one member . . 15 

Amount of expenses of the corporation for previous year 
Value of shares at last report: first series, $25.20; second 

series, $12.30. 

Total value of unpledged shares 

Geographical limit: Massachusetts. 

Amount of cash received to date 

Amount of cash paid to date 

Secretary's salary 

Treasurer's salary 

Treasurer's bonds 

Secretary's bonds 

Date of examination by commissioner : June 3 



411 

$1 25 



5,285 00 
4,550 00 

4,550 00 
235 00 

600 00 
50 00 

92 30 



4,616 50 

6,532 32 
6,503 13 
25 00 
15 00 
2,000 00 
1,000 00 



FITCHBURG CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — FITCHBURG. 

Incorporated Oct. 27, 1877. Commenced business Nov. 8, 1877. 

Capital to be accumulated, $1,000,000. 



Jabez Fisher, President. 



Secretary, Joseph F. Simonds. 



George E. Clifford, Treasurer. 
Statement. 



Liabilities. 



Assets. 



397 shares of stock, first se- 
ries, at $25.40 

305 shares of stock, second se- 
ries, at $18.80 

127 shares stock, third series 
at $12.37 

188 shares stock, fourth series 
at $6.09 .... 

Dues paid in advance 

Interest on dues paid in ad 
vanee .... 

Other liabilities 

Forfeited share account . 



$10,083 80 

5,734 00 

1,570 99 

1,144 92 
306 00 

61 80 

5 00 

30 50 



$18,937 01 



Loans on real estate, 
Loans on shares 
Unpaid dues 
Unpaid interest 
Unpaid premium 
Unpaid fines 
Balance of perma- 
nent expense acct 
Other assets 
Cash on hand . 



$16,650 00 

1,300 00 

442 12 

163 43 

13 21 

12 27 

162 64 

5 22 
188 12 



937 01 



412 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Number of shares issued to date 
Number of shares now in force . 
Number of shares borrowed upon to date 
Number of shares now borrowed upon 
Amount of dues received to date 
Highest premium received to date: 6 per cent. 
Lowest premium received to date : T ^ 7 per cent. 
Fines for non-payment of dues i 

Transfer fees 

Number of members to date .... 
Number of members withdrawn to date . 
Present number of members .... 



1,189 
1,017 
, 202 
. 120 



$18,831 12 



50 65 
4 75 



. 190 

. 30 

. • . 160 

Number of borrowers to date 47 

Number of non-borrowers to date 143 

Amount of loans to date * . 

Number and amount of loans on real estate * . . .25 
Number and amount of loans secured by first mortgage of real 

estate 25 

Number and amount of loans on shares , <, . . 27 

Largest loan to any one member i 

Smallest loan to any one member 

Largest number of shares held by any one member . .25 
Amount of expenses of the corporation for previous year . . 
Value of shares at last report: first series, $12.29; second 

series, $6.06. 

Total value of unpledged shares 

Geographical limit : Massachusetts. 

Amount of cash received to date 

Amount of cash paid to date 

Secretary's salary 

Treasurer's bonds 

Secretary's bonds 

Date of examination by commissioner: July 17.. 



19,520 00 
17,650 00 

17,650 00 

1,870 00 

1,600 00 

10 00 

133 32 



15,042 09 

21,479 55 

21,291 43 

60 00 

3,000 00 

1,000 00 



1880.] 



PUBLIC DOCUMENT — No. 8. 



413 



HAVERHILL CO-OPERATIVE SAVING-FUND AND LOAN ASSO- 
CIATION — HAVERHILL. 

Incorporated Aug. 20, 1877. Commenced business Sept. 3, 1877. 

Capital to be accumulated, $1,000,000. 

Amos W. Downing, President. Secretary, William H. Page. 

J. W. Bennett, Treasurer. 

Statement. 



Liabilities. 


Assets. 


265 shares of stock, first series, 
at $27.39 .... 

68 shares of stock, second se- 
ries, at $18.69 

188 shares of stock, third se- 
ries, at $4 

Transfer fees . . . 
Forfeited share account . 
"Withdrawal profits . 


$7,258 35 

1,270 92 

752 00 

108 75 

33 35 

50 

10 51 

4 08 

2 41 

14 04 


Loans on real estate . 

Loans on shares 

Unpaid dues 

Balance of perma- 
nent expense acct. 

Balance of temporary 
expense account . 

Cash on hand . 


$8,650 00 

30 00 

261 00 

148 46 

48 45 
317 00 




$9,454 91 


$9,454 91 



Number of shares issued to date 697 

Number of shares now in force 521 

Number of shares now borrowed upon . . . .45 

Amount of dues received to date ....... $12,312 00 

Highest premium received to date ........ 1 05 

Lowest premium received to date 15 

Fines for non-payment of dues : 2 per cent per month. 

Transfer fees (each) 25 

Number of members to date 232 

Number of members withdrawn to date 84 

Present number of members . . . • . . 148 

Number of borrowers 16 

Number of non-borrowers 132 

Amount of loans . 8,680 00 

Number and amount of loans on real estate . . . .15 8,650 00 
Number and amount of loans secured by first mortgage of real 

estate 15 8,650 00 

Number and amount of loans on shares 1 30 00 

Largest loan to any one member ; . • 1,350 00 

Smallest loan to any one member 30 00 

Largest number of shares held by any one member ... 20 

Amount of expenses of the corporation for previous year . . 194 36 

Value of shares at last report: first series, $23,39; second 

series, $14.69. 

Total value of unpledged shares 7>986 72 

Geographical limit : Massachusetts. 

Amount of cash received to date 12,465 78 



414 BANK COMMISSIONERS' REPORT. [Jan. 

Amount of cash paid to date $12,148 78 

Secretary's salary: 1| per cent of gross receipts. 

Treasurer's bonds 2,000 00 

Secretary's bonds 2,000 00 

Date of examination by commissioner : June 14. 



HOMESTEAD CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION—BOSTON. 

Incorporated Sept. 11, 1877. Commenced business Sept. 12, 1877. 

Capital to be accumulated, $1,000,000. 

Joseph S. Ropes, President. Secretary, Daniel Eldredge. 

Thomas Swadklns, Jun., Treasurer. 

Statement. 



Liabilities. 


Assets. 


146 shares of stock, first se- 




Loans on real estate, 


$14,400 00 


ries, at $27.65 


$4,036 90 


Loans on shares 


800 00 


370 shares of stock, second se- 




Unpaid dues 


908 00 


ries, at $20.96 


7,755 20 


Fines .... 


7 71 


331 shares of stock, third se- 




Balance of perma- 




ries, at $14.45 


4i782 95 


nent expense acct. 


283 05 


357 shares of stock, fourth se- 




Suspense account . 


7 00 


ries, at $8.12 . 


2,898 84 


Cash on hand . 


4,446 19 


541 shares of stock, fifth se- 








ries, at $2.00 .... 


1,082 00 








78 53 






Transfer fees . . 


50 








52 56 






Dues paid in advance 


110 00 






Forfeited share account . 


15 96 








31 05 






Withdrawal profit . 


7 46 








$20,851 95 


$20,851 95 



Number of shares issued to date 2,360 

Number of shares now in force 1,745 

Number of shares borrowed upon to date .... 143 

Number of shares now borrowed upon 120 

Amount of dues received to date $23,265 00 

Highest premium received to date 1 05 

Lowest premium received to date 05 

Fines for non-payment of dues : 2 per cent per month. 

Transfer fees (each) 25 

Number of members to date . . . '. . . .511 

Number of members withdrawn to date 154 

Present number of members 357 

Number of borrowers 17 

Number of non-borrowers 340 

Amount of loans 15,200 00 

Number and amount of loans on real estate .... 12 14,400 00 
Number and amount of loans secured by first mortgage of 
real estate 12 14,400 00 






1880.] 



PUBLIC DOCUMENT — No. 8. 



415 



Number and amount of loans on shares 5 $800 00 

Largest loan to any one member 2,800 00 

Smallest loan to any one member 50 00 

Largest number of shares held by any one member . . 25 

Amount of expenses of the corporation for previous year . . 782 01 
Value of shares at last report: first series, $25.65; second series, 
$18.96; third series, $12.45; fourth series, $6.12. 

Total value of unpledged shares 17,394 53 

Geographical limit : Massachusetts. 

Amount of cash received to date . 30,397 12 

Amount of cash paid to date 25,950 93 

Secretary's salary 300 00 

Treasurer's bonds 1,000 00 

Secretary's bonds - 1,000 00 

Date of examination by commissioner : May 16. 



MECHANICS' CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — TAUNTON. 

Incorporated Sept. 14, 1877. Commenced business Sept. 17, 1877. 

Capital to be accumulated, $1,000,000. 



Elijah Tolmajst, President. 



Secretary, John O'Neil. 



George E. Chambers, Treasurer, 
Statement. 



Liabilities. 


Assets. 


452 shares of stock, first se- 




Loans on real estate, 


$30,355 00 


ries, at $27.29 


$12,335 08 


Loans on shares 


2,530 00 


673 shares of stock, second se*- 




Unpaid dues 


281 00 


ries, at $20.76 


13,971 48 


Interest account 


622 24 


738 shares of stock, third se- 




Premium account . 


109 93 


ries, at $10.15 


7,490 70 


Fines .... 


3731 


Advanced payments , 


901 49 


Balance of perma- 




Forfeited share account . 


15 31 


nent expense acct. 


263 74 


Undistributed profit 


783 86 


Cash on hand . 


1,315 45 


Interest on dues paid in ad- 








vance . . . . . 


16 75 








$35,514 67 


$35,514 67 



Number of shares issued to date 

Number of shares now in force . 

Number of shares borrowed upon to date 

Number of shares now borrowed upon 

Amount of dues received to date 

Highest premium received to date (per share per month) 

Lowest premium received to date (per share per month) 

Fines for non-payment of dues 

Transfer fees 

Number of members to date 

Number of members withdrawn to date . 



2,439 

1,863 

591 

352 



$40,119 74 

90 

05 

170 62 

3 00 



439 
116 



416 



BANK COMMISSIONERS' REPORT. 



[Jan. 



Present number of members 828 

Number of borrowers to date 78 

Number of non-borrowers to date 301 

Amount of loans to date * . . . . $35,590 00 

Number and amount of loans on real estate .... 38 30,355 00 
Number and amount of loans secured by first mortgage of real 

estate 35 29,255 00 

Number and amount of loans secured by other mortgage of 

real estate . ' 3 1,100 00 

Number and amount of loans on shares to date ... 61 5,235 00 

Largest loan to any one member (in 4 loans) 2,900 00 

Smallest loan to any one member . . . . . . . 50 00 

Largest number of shares held by any one member. . . 25 

Amount of expenses of the corporation for previous year . . 227 23 

Yalue of shares at last adjustment (July 1, 1879): first 

series, $23.29; second series, $16.76; third series, $6.15. 

Total value of unpledged shares 26,562 92 

Geographical limit: Massachusetts. 

Amount of cash received to date . 43,531 89 

Amount of cash paid to date 42,216 44 

Secretary's salary 120 00 

Treasurer's bonds 1,000 00 

Secretary's bonds 1,000 00 

Date of examination by commisssioner : Jan. 21. 



PIONEER CO-OPERATIVE SAVING-FUND AND LOAN ASSOCI- 
ATION - BOSTON. 

Incorporated July 26, 1877. Commenced business Aug. 6, 1877. 

Capital to be accumulated, $1,000,000. 

Josiah Quincy, President. Secretary/, Daniel Eldredge. 

William A. Johnson, Treasurer. 

Statement. 



Liabilities. 


Assets. 


1,031 shares of stock, first se- 




Loans on real estate . 


$36,400 00 


ries, at $28.14 . . ' . 


$29,012 34 


Loans on shares 


1,150 00 


451 shares of stock, second 




Unpaid dues 


926 00 


series, at $19.42 . 


8,758 42 


Balance of perma- 




380 shares of stock, third se- 




nent expense acct. 


341 15 


ries, at $7 


2,660 00 


Balance of temporary 




Premium 


593 00 


expense account . 


381 89 


Transfer fees .... 


6 50 


Cash on hand . 


3,397 16 


Surplus 


241 66 






Interest 


1,143 16 






Dues paid in advance 


3 00 






Forfeited share account . 


7 22 








75 55 






"Withdrawal profit . 


95 35 








$42,596 20 


$42,596 20 



1880.] PUBLIC DOCUMENT — No. 8. 417 

Number of shares issued to date 2,790 

Number of shares now in force 1,862 

Number of shares borrowed upon to date 476 

Number of shares now borrowed upon . . . . 279 

Amount of dues received to date $49,630 00 

Highest premium received to date 1 10 

Lowest premium received to date 05 

Fines for non-payment of dues : 2 per cent per month. 

Transfer fees (each) 25 

Number of members to date . . . . . . . 684 

Number of members withdrawn to date 256 

Present number of members 428 

Number of borrowers 49 

Number of non-borrowers . . . . . . 379 

Amount of loans . 37,550 00 

Number and amount of loans on real estate . . . .32 36,400 00 
Number and amount of loans secured by first mortgage of real 

estate 29 33,200 00 

Number and amount of loans secured by other mortgage of 

real estate . . 3 3,200 00 

Number and amount of loans on shares 16 1,150 00 

Largest loan to any one member 2,000 00 

Smallest loan to any one member 50 00 

Largest number of shares held by any one member ... 25 

Amount of expenses of the corporation for previous year . . 841 25 

Yalue of shares at last report (April 7, 1879) : first series, 

$21.14; second series, $12.42. 

Total value of unpledged shares 33,557 52 

Geographical limit : Massachusetts. 

Amount of cash received to date . . . . . . . 64,766 59 

Amount of cash paid to date 61,369 43 

Secretary's salary 500 00 

Treasurer's bonds 1,000 00 

Secretary's bonds • . 1,000 00 

Date of examination by commissioner : May 19. 

53 



418 



BANK COMMISSIONERS' REPORT. 



[Jan. 



SECURITY CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — BROCKTON. 

Incorporated Dec. 17, 1877. Commenced business Dec. 20, 1877. 

Capital to be accumulated, $1,000,000. 

B. Sanford, Jun., President. Secretary, W. B. Cross. 

CD. Fullerton, Treasurer. 

Statement. 



Liabilities. 



Assets. 



679 shares of stock, first se 

ries, at $23.48 
213 shares of stock, second se 

ries, at $11 
Advance dues 
Interest 
Premium . 
Fines . 
Trausfer fees 
Officer's fees 
Surplus 
Withdrawal profits 



$15,942 92 

2,343 00 

1,247 00 

788 85 

390 30 

42 33 

1 75 

8 50 

15 79 

18 12 



),798 56 



Loans on real estate, 

Loans on shares 

Unpaid dues 

Balance of perma- 
nent expense acct. 

Balance of tempo- 
rary expense acct. 

Cash on hand . 



$17,300 00 
200 00 
326 00 

197 50 

131 44 
2,643 62 



$20,798 56 



Number of shares issued to date 1,146 

Number of shares now in force 873 

Number of shares borrowed upon to date 110 

Number of shares now borrowed upon 102 

Amount of dues received to date $17,683 00 

Highest premium received to date 70 

Lowest premium received to date 20 

Fines for non-payment of dues 42 33 

Transfer fees • 1 75 

Number of members to date 239 

Number of members withdrawn to date 56 

Present number of members 183 

Number of borrowers to date 21 

Number of non-borrowers to date 162 

Amount of loans to date 17,500 00 

Number and amount of loans on real estate .... 20 17,300 00 
Number and amount of loans secured by first mortgage of 

real estate 20 17,300 00 

Number and amount of loans on shares 1 200 00 

Largest loan to any one member 2,000 00 

Smallest loan to any one member 200 00 

Largest number of shares held by any one member . . 25 
Amount of expenses of the corporation for previous year, in- 
cluding 8 per cent adjusted last year, and all general ex- 
penses and surplus, salaries, etc 721 08 

Value of shares at last report 12 48 

Total value of unpledged shares 12 48 

Withdrawing value of unpledged shares 12 36 



1880.] 



PUBLIC DOCUMENT — No. 8. 



419 



Geographical limit : Massachusetts. 

Amount of cash received to date $12,889 38 

Amount of cash paid to date 10,245 76 

Treasurer's salary 25 00 

Secretary's salary 200 00 

Treasurer's bonds 5,000 00 

Secretary's bonds 2,500 00 

Date of examination by commissioner: June 14. 



WORCESTER CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIA- 
TION — WORCESTER. 
Incorporated Oct. 19, 1877. Commenced business October, 1877. 
Capital to be accumulated, $1, 000,000. 

D. S. Goddabd, President. Secretary, T. J. Hastings. 

T. M. Lamb, Treasurer. 

Statement. 



Liabilities. 


Assets. 


547 shares of stock, first se- 




Loans on real estate, 


$18,950 00 


ries, at $26.46 


$14,473 62 


Loans on shares 


150 00 


381 shares of stock, second se- 




Unpaid dues 


219 00 


ries, at $13.36 


5,090 16 


Interest account 


88 12 


187 shares of stock, third se- 




Premium account . 


33 71 


ries, at $1 


187 00 


Fines .... 


9 02 


Forfeited sbare account . 


36 20 


Balance of perma- 




Profit and loss account . 


1 80 


nent expense acct. 


241 33 


Advance payment of dues 


746 36 


Temporary expense 








account . 


18 88 


• 




Cash on hand . 


825 08 




$20,535 14 


$20,535 14 



Number of shares issued to date 

Number of shares now in force . 

Number of shares borrowed upon to date 

Number of shares now borrowed upon 

Amount of dues received to date 

Highest premium received to date : -^-fa per cent per month. 

Lowest premium received to date : =^ per cent per month. 

Fines for non-payment of dues : 2 per cent per month. 

Transfer fees (each) 

Number of members to date 

Number of members withdrawn to date .... 

Present number of members 

Number of borrowers to date 



1,351 
1,115 
, 135 
, 127 



. 387 

. 84 

. 303 

. 32 

Number of non-borrowers to date 355 

Amount of loans to date 

Number and amount of loans on real estate. .... 32 
Number and amount of loans secured by first mortgage of real 

estate 17 

Number and amount of loans secured by other mortgage of 

real estate 15 



$21,703 56 



25 



24,200 00 
18,950 00 

12,900 00 

6,050 00 



420 



BANK COMMISSIONERS' REPORT. [Jan. '80. 



Number and amount of loans on shares 2 $150 00 

Largest loan to any one member . • 2,000 00 

Smallest loan to any one member 50 00 

Largest number of shares held by any one member ... 25 

Amount of expenses of the corporation for previous year . . 423 90 
Yalue of shares at last report: first series, $25.46; second 
series, $12.36. 

Total value of unpledged shares 17,449 02 

Geographical limit: Massachusetts. 

Amount of cash received to date 25,992 18 

Amount of cash paid to date 25,167 10 

Secretary's salary 350 00 

Treasurer's bonds 2,500 00 

Secretary's bonds ■ 500 00 

Date of examination by commissioner: Oct. 22. 



GENERAL REMARKS. 



GENERAL REMARKS. 



At the date of the Annual Returns (Oct. 31), the number of 
savings banks doing business in the Commonwealth was one 
hundred and sixty-six. 

Since then, the Ashburnham Savings Bank was voluntarily 
closed, as, in the opinion of the corporators, there was not suf- 
ficient business to encourage its longer continuance. Its de- 
positors have been paid the amounts due them in full ; and a 
certificate of the action of the corporation in settling its affairs 
has been received at this office, and placed on file. The state- 
ment below shows the assets of the bank and the manner of 
disposing of them : — 



Liabilities. 


Assets. 


Deposits paid .... 
Dividend of interest 4 per 

cent paid to depositors 
Treasurer's services 


$18,340 90 

731 84 

149 99 

17 99 

75 00 


Deposit in First Na- 
tional Bank of 
Ashburnham 

Cash on hand . 

Int. received on U.S. 
bonds Dec. 1 . 


$19,295 55 
8 92 

11 25 




$19,315 72 


$19,315 72 



We recommend that the charter of this bank, also that of the 
Jamaica Plain Savings Bank, which was voluntarily closed in 
1877, be revoked. 

Two savings banks have been placed in the hands of receivers 
during the year to be wound up. 

The Reading Savings Bank was perpetually enjoined by the 
Supreme Judicial Court April 11. 

The facts connected with the failure of this bank exhibit the 
most flagrant prostitution of a public trust to the devices of 
forgery and embezzlement which has ever disgraced the record 
of the savings institutions of this Commonwealth. 



424 BANK COMMISSIONERS' REPORT. [Jan. 

The revelations of the real condition of its affairs indicate 
that the funds of the bank were first criminally taken by a son 
of the treasurer while acting as his clerk. The method adopted 
was to receive money from depositors, and credit it on their 
deposit-books, but fail to credit it, or credit a less amount, to 
their accounts on the depositors' ledgers. The amount of cash 
on hand would be made to correspond with the balance indi- 
cated by the cash-book, so that no error could be discovered in 
the accounts for the day. 

For about three years this mode of taking money, and not 
crediting it to the accounts of depositors, seems to have been 
the only method by which the funds of the bank: were converted 
to the use of the treasurer or his clerk ; but, after a change 
of clerks (the daughter of the treasurer taking the place of the 
son), other expedients were adopted. There were several par- 
tial releases of mortgages made and put upon record, to relieve 
property of the son from incumbrance, so that he could sell it. 
In one case, in November, 1876, property was advertised, in 
a journal of small circulation, for sale, for the purpose of fore- 
closing a mortgage, as appears by the records at Cambridge. 
The property was sold, the purchaser giving a new mortgage 
to the bank ; and all the papers were recorded as if it were a 
regular transaction. It is alleged that neither the treasurer, 
nor any other officer of the bank, knew any thing of it until 
after the imprisonment of the treasurer. 

In 1877, money, in payment of notes and mortgages dis- 
charged surreptitiously, was paid, which has never been received 
by the bank; but it has as yet been impossible to trace the part 
taken by father or son in the transactions. 

In one case it is known that the son had the benefit of the 
consideration for discharging a mortgage ; but the mortgage is 
supposed to have been discharged by the father. In other 
cases, the treasurer certainly discharged mortgages, and no 
consideration was received by the bank ; and it is uncertain 
who did receive it, if there was any paid. 

In some cases, mortgages were discharged, and no considera- 
tion whatever was paid to any one by the owner of the mort- 
gage property ; the object of such discharges being to enhance 
the value of subsequent mortgages by making them first mort- 
gages upon the property covered. 

One of the mortgages, at least, which. was given currency by 



1880.] PUBLIC DOCUMENT — No. 8. 425 

discharging the bank mortgage, proves to have been a forgery ; 
and both the treasurer and his son appear to have been con- 
cerned in negotiating it. 

In all such cases the original and genuine notes and mort- 
gages remained in the files of the bank ; and regular endorse- 
ments of payments of interest were made upon the notes after 
their pretended discharge. 

About the 1st of January, 1^78, the sale of the notes and 
mortgages belonging to the bank began. Some of these were 
undoubtedly negotiated, and assignments executed by the treas- 
urer; while others, it is alleged, were forgeries of the son. 

In cases where the securities were taken, duplicates were 
prepared, and placed in the safe where the originals should have 
been, with the purpose of deceiving the examiners. 

Some of these were prepared with considerable care, attempts 
being made to imitate the handwriting of the writer of the 
papers, as well as the signatures of all parties whose names 
appeared upon them ; and some of the forgeries were so well 
executed, that they could not be detected by the signers of the 
genuine notes. 

Counterfeit blanks of policies of two insurance companies had 
been prepared ; and a counterfeit stamp, to note the time when 
deeds were received at the registry, had been procured and 
used. More money was probably obtained from the sale of the 
securities than from any other single source, as much as ten 
thousand dollars having been received from one sale. 

Payments were made upon notes belonging to the bank, and 
not entered in the books. 

Within a fortnight of the arrest of the treasurer, he received 
about four thousand dollars in payment of notes due the bank, 
and made no entry of the transactions in the books. A bond 
of the city of Portland of the par value of a thousand dollars, 
owned by the bank, was stolen, also a United States bond of 
the par value of five hundred dollars, held as collateral. 

The bank stock was also pledged without the knowledge of 
any other officers of the bank, as they allege, and the proceeds 
misappropriated. 

To conceal the misappropriations, the depositors' accounts 
were changed so as to show much less standing to their credit 
than appeared upon the depositors' books, and in many cases 
being entirely closed. More than nine thousand dollars have 

54 



426 BANK COMMISSIONERS' REPORT. [Jan. 

been found to be due depositors, record of which does not 
appear upon the books. 

In many cases, when the accounts of the depositors were 
closed upon the ledgers, and had been really paid in full, the 
treasurer had induced the holders to sign assignments in blank ; 
and the books were afterward sold by him. In other cases 
signatures were forged. 

Fraudulent deposit-books to a large amount were issued, and 
sold or assigned. Where there were no deposits, and never had 
been, books were made apparently representing deposits, and 
assigned by the treasurer or his son as collateral security for 
loans ; sometimes they were sold outright. Some of these had 
been paid ; but there are known to be books of this character 
still outstanding, representing an indebtedness approximating 
thirty thousand dollars, and the holders claim that they should 
be paid the same dividends of the assets as the recognized 
depositors. 

The amount of recognized deposits was $155,455.90. The 
nominal deficit appeared to be $42,895.83; but the actual 
deficit will not be determined until the courts have decided 
the respective rights and responsibilities of the various parties 
who have been involved in these complicated frauds, and no 
approximate estimate can be made of the amount that will be 
realized to the depositors. One dividend of twelve and one- 
half per cent of the recognized deposits has been allowed by 
the Supreme Judicial Court. 

In the fall of 18T6 the president of the bank was notified by 
the Commissioners of the imperfect mode of keeping the ac- 
counts, and also of the irregular practice of the treasurer of 
keeping his own money and that of the bank together. The 
latter practice had been remedied apparently, and efforts had 
been made to improve the method of keeping the accounts. He 
represents, that, after his attention had been called to these 
irregularities in the treasurer's manner of conducting the busi- 
ness, he was accustomed to visit the bank one and often both 
days in the week on which it was open for business, and look 
over the transactions of the treasurer, and that he had not sus- 
pected him of any wrong-doing until the discovery of the fraud- 
ulent transfers of mortgages was made at the Registry of Deeds 
at Cambridge, which led to his arrest. 



1880.] PUBLIC DOCUMENT— -No. 8. 427 

The Needham Savings Bank was perpetually enjoined March 4. 
The opinion prevailed with the corporators, that there was no 
need of a savings institution in the town ; and as it was not 
possible to convert the assets readily enough in winding up, 
to meet the demands of the depositors, the protection of an 
injunction was asked until the assets could be converted. 
Two dividends each of twenty-five per cent have been allowed 
by the Court. The remaining assets, it is expected, will be dis- 
posed of during the year, and the depositors paid in full. 

On page 428 is a list of the banks in the hands of receivers, 
showing location, date of perpetual injunction, amounts due 
depositors, sums paid depositors, per centum paid, and nominal 
value of assets. 

In the statistical statements of "Banks in the Hands of 
Receivers " will be found approximate estimates, made by the 
receivers, of the amounts the remaining assets of the different 
banks are expected to realize, also other information which may 
serve to indicate some of the causes which led to their failures. 

Three banks have been temporarily enjoined during the year. 

The Great Barrington Savings Bank was placed under a 
temporary injunction April 24, 1879. 

This action was deemed necessary in consequence of a con- 
templated change in its management, and which, it was hoped, 
would restore public confidence, and harmonize conflicting in- 
terests. Complications in relation to the title of one of its 
largest investments having rendered the solvency of the bank 
doubtful, the restraint has been continued for a longer period 
than was anticipated. We are pleased to state, however, that 
there is reason to believe that an adjustment will soon be 
effected without loss to the bank, and that it will be prepared 
to resume business at an early date. 

The Lowell Five Cents Savings Bank was placed under a 
temporary injunction June 20, 1879. 

The demands from depositors having been unusually large 
for nearly a year, the amount invested in quick assets had been 
seriously diminished, and a portion of the remaining investments 
had suffered a considerable depreciation in value. 

These investments have been greatly improved by the recent 
advance in the securities which are held and the renewal of 
business prosperity; and the officers have reason to believe 



428 



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1880.] 



PUBLIC DOCUMENT — No. 8. 



429 



that they shall be fully prepared to resume business before the 
close of the coming summer. 

The Scituate Savings Bank was enjoined June 20. 

Loans on mortgages of real estate, made mainly in Boston 
and vicinity, had depreciated so largely in value, that the sol- 
vency of the bank had been impaired ; and the Commissioners 
were compelled to apply to the Court for an injunction. 

The officers represented to the Court that it was the desire 
of the depositors that it should continue business, which will 
render necessary the accumulation of its earnings for two years 
or more, to provide for the shrinkage of values, before it can 
resume in full. 

The continuous appreciation of the value of bank stocks, 
and the more favorable condition of the real-estate market, give 
assurance that several of the banks temporarily enjoined will 
soon be enabled to resume business in full. 

We append a list of the banks temporarily enjoined : — 



Name of Bank. 


Date of 
Injunction. 


Amount due 
Depositors 
Oct. 31, 1878. 


Per cent 
allowed 
by Court. 


Amount due 
Depositors 
Oct. 31, 1879. 


Home Savings Bank, Boston . 
Newburyport Five Cents 
City Five Cents, Haverhill 
Woburn Five Cents \ 
Emigrant Sav. Bank, Boston . 
Great Barrington Savings 
Lowell Five Cents . 
Scituate Savings Bank . 


Mar. 25, 1878 
Apr. 2,1878 
July 17, 1877 
Jan. 2,1878 
Apr. 16, 1878 
Apr. 24, 1879 
June 20, 1879 
June 20, 1879 


$3,106,487 07 
1,060,910 23 

923,007 90 

458,417 27 
1,982,604 37 

360,648 73 
2,479,607 92 

130,233 58 


20 
20 
20 

20 
30 


$2,587,021 91 
878,697 95 
754,894 26 
458,417 27 

1,634,221 69 
246,956 53 

2,293,422 35 
125,585 07 




$10,501,917 07 


$8,979,217 03 



The number of banks to which orders have been directed 
during the year, limiting and regulating payments to depositors, 
is twenty-one (the same as last year), of which eighteen are 
renewals, and three are original orders. 

The Franklin Savings Bank applied for a revocation of the 
order issued May 14, 1878, in February of 1879, after it had 
been in force about nine months, and it was revoked March 1. 

At first there was a considerable draft by the depositors ; but 
this soon subsided, and the business of the bank is now gradu- 
ally improving. 

The Citizens' Savings Bank of Fall River made no applica- 

1 Since the preparation of this report was begun, this bank has been released from the in- 
junction, and resumed business in full. 



430 BANK COMMISSIONERS' REPORT. [Jan. 

cation for a renewal of the order, and none was issued. The 
officers report that the demand for the payment of deposits has 
been very moderate, and that confidence in the bank is appar- 
ently fully restored. 

The Great Barrington Savings Bank was enjoined by the 
Supreme Judicial Court for reasons previously stated in this 
report. 

The three banks to which orders have been directed in ad- 
dition to the renewals were the Ashburnham Savings Bank, 
June 20, which was revoked Nov. 1, when the bank was wound 
up, paying its depositors in full, as before stated ; the Weymouth 
Savings Bank, May 20 ; and the Taunton Savings Bank, Nov. 1, 
modified Jan. 1 of this year. 

The Taunton bank had been relieved from an injunction by 
the Supreme Judicial Court, and had attempted to continue 
business under a special rule adopted by the trustees for the 
payments to depositors. But this rule was objected to by a 
few of the depositors, and application was made by the bank 
to the Commissioners to limit and regulate the payments of the 
deposits in order to prevent a preference being given to any 
of the depositors ; and, after due consideration, the Commission- 
ers deemed it for the best interest of all the depositors that an 
order should be issued. 

A majority of the banks to which renewals of the orders 
have been directed have made considerable improvement in 
their condition, and it is the expectation of the Commissioners 
that these will not make application for further limitation and 
regulation of the payments to depositors. 

But in a number of cases renewals will probably have to be 
granted, if the banks are to continue to do business, either 
from the difficulty of disposing of their foreclosed real-estate 
and mortgage loans, or from a want of energy and determina- 
tion on the part of the managers in converting the assets. 
With some, there seems to be a lack of the courage needed to 
meet the demands of depositors, which inevitably follow the 
removal of any extraordinary restriction of the payments of 
deposits. 

On the next page we give a list of the banks to which orders 
have been directed : — 



1880.] 



PUBLIC DOCUMENT — No. 8. 



431 



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432 BANK COMMISSIONERS' REPORT. [Jan. 

Dec. 31, the Hyde Park Savings Bank, by an agreement 
made and signed by its depositors, reduced by twelve and a 
half per cent the amount due from the bank to each depos- 
itor, as shown by the " Depositors' Ledger," to be standing to 
his credit on the fourteenth day of June, 1878, at which date 
payments to depositors had been limited and regulated by an 
order directed to the bank by this Board. 

The trustees of the bank had applied to the Commissioners 
for their approval of this plan, stating that it was ascertained 
to be the desire of the depositors generally ; and that there ex- 
isted greater need for a savings bank in the town than at any 
previous time by reason of the re-establishment and increase of 
its manufactories, bringing in a large number of operatives, 
many of whom desire a repository for their savings ; and that 
this course would more speedily afford the public the oppor- 
tunity to avail themselves of the convenience of this institu- 
tion. 

The Attorney-General, after consultation with the Commis- 
sioners and the attorney of the bank, having given his opinion 
that there appeared to be no legal objection to the depositors 
making such an arrangement between themselves, it was ap- 
proved by this Board. The agreement was signed by all the 
depositors who could be found. Thirty-three depositors, to 
whom the sum of $145.09 was due, could not be found; and, 
in order to perfect the arrangement, the trustees contributed 
the sum of twenty-five dollars as a special deposit to be applied 
by the treasurer of the bank, at such times and in such amounts 
as might be required, to complete the reduction of twelve and 
a half, per cent, or one-eighth of the amount to the credit of 
these depositors ; the balance, if any remaining upon said re- 
duction being perfected, to be returned pro rata to the " special 
depositors." 

The records of the bank show that at a meeting of the trus- 
tees, held Dec. 27, 1879, it was voted " that the treasurer be and 
he is hereby instructed, on the thirty-first day of December, 
A.D. 1879, to make a reduction of the amount of the several 
accounts of depositors, as shown by the ' Depositors' Ledger,' 
equal to twelve and a half per cent, or one- eighth of the gross 
deposits standing to their credit on the fourteenth day of June, 
A.D. 1878, in accordance with their agreement on file, and to 
credit the aggregate amount of such reduction to the account 



1880.] 



PUBLIC DOCUMENT — No. 8. 



433 



of profit and loss ; also to notify the depositors, by circular, of 
the consummation of such reduction or ' scaling,' and, as fast 
as practicable, call in their deposit-books to be written up to 
conform to said ' Depositors' Ledger.' 

u That the treasurer be instructed, on the thirty-first day 
of December instant, to credit the account of bank stock 
with the sum of $2,077.34; to credit the several real-estate 
accounts with the aggregate sum of $4,028.71 ; to credit the 
account of furniture and fixtures with the sum of $1,100 ; and 
charge the same, amounting in the aggregate to $7,206.05, to 
the account of profit and loss." 

Below is a statement of the condition of the bank after the 
reduction had been made, at the close of business, Dec. 31, 
1879: — 



Liabilities. 


Assets. 


Deposits . . 
Earnings, undivided . 
Guaranty fund . 


$31,784 79 
752 55 
410 53 


Bank stock .... 
Real estate by foreclosure . 
Loans on real estate 


$5,000 00 
7,000 00 

19,850 00 
1,097 87 




$32,947 87 


$32,947 87 



The amount of deposits in the savings banks doing business 
Oct. 31, 1879, was $206,378,709.53, being $3,481,921.65 less 
than at the same date of the previous year. 

The surplus was $4,301,775.89, showing a decrease of 
$47,613.85 for the year. 

The guaranty fund was $2,071,047.62, which is an increase 
of $546,850,97 for the year. 

The number of open accounts was 615,535, an increase of 
1,304 for the year, which would make the average of the 
accounts $305.50, — a decrease, from the average of the previous 
year, of $5.75. 

The amount of deposits during the year was $28,486,803.97, 
$1,276,566.17 less than the previous year; but the number of 
deposits (378,261) increased 4,430, and the average of deposits 
was $75.31. The average the previous year was $79.62, being 
a decrease of $4.31 for the year. 

The total of withdrawals was $36,726,329.25, showing the 
very large decrease of $21,527,742.03 from that of the previous 

55 



434 



BANK COMMISSIONERS' REPORT. 



[Jan. 



year. The number of withdrawals was 425,430, — 74,742 less 
than the previous year. 

The average of the withdrawals was $86.33, — a decrease of 
$29.32 from the previous year, when it was 1115.65. 

Investments in United States bonds have increased $4,845,- 
705.87. 

State and municipal bonds have increased $994,532.16. Loans 
on public funds have increased $2,679,020.31. Investments in 
bank stocks have decreased $345,182.05. Loans on bank stock 
have decreased $115,496. 

Investments in railroad bonds have decreased $404,340.99. 

Loans on mortgages of real estate have diminished $10,324,- 
375.41 ; but $3,539,303.15 has been added to real estate acquired 
by foreclosure, which is $9,324,901.51. Loans on personal 
security have decreased $2,700,295. 

The percentage of assets in the various classes of investment 
is about twenty and one-third per cent in public funds and 
loans on public funds ; eleven and five-eighths per cent in bank 
stocks and loans on same ; three and one-fifth per cent in rail- 
road bonds ; forty and two-fifths per cent in loans on mortgages 
of real estate; five and one-half per cent invested in real 
estate, including foreclosures; ten and five-sevenths per cent 
in loans on personal security ; four per cent in loans to counties, 
cities, and towns; two and four-fifths per cent in deposits in 
banks on interest. 

The earnings of the banks have decreased $1,429,065.88, 
not quite eleven per cent. 

The rates of interest on loans continue to decrease, which, 
with the losses on investments, has largely reduced the profits 
of the banks. 

The earnings were $11,762,976.98, — $1,429,065.88 less than 
the previous year. Thirty-two banks were able to pay the 
highest rate of dividend of interest allowed, — five per cent; 
thirty-five banks paid dividends between four and five per 
cent ; sixty-seven banks paid four per cent dividends ; thirteen 
banks paid one dividend each of two per cent ; nineteen banks 
paid no dividends of interest, but these were all temporarily 
enjoined by decrees of the Supreme Judicial Court, or subject 
to orders limiting and regulating payments to depositors. 

The average rate of ordinary dividends was three and sixty- 
eight hundredths per cent. This is the first time, since the 



1880.] PUBLIC DOCUMENT — No. 8. 435 

return of the rate of dividends was required by law, that it has 
fallen below four per cent. 

The returns required by Sect. 2 of Chap. 285 of the Acts 
of 1879 were made by all the banks, except the " Provident 
Institution for Savings in the Town of Boston," the treasurer 
of which states, that, owing to a pressure of other business, it 
was impossible to prepare them, and that they will be returned 
as soon as completed. 

The officers of the banks generally state that the additional 
labor required to make these returns is very considerable, and 
to many of them quite onerous ; and we suggest that the law 
be amended so as to require these returns to be made only once 
in five years, also that it specify more clearly the amounts 
required to be returned. 

The revival of activity in business, and the improvement in 
values, has materially benefited the banks, especially those 
which have been in any manner embarrassed. 

The advance in the price of national bank stock has not only 
enhanced the value of the assets of many of the banks, but has 
also quickened the sale, so that they are enabled readily, with- 
out sacrifice, to respond to the calls of depositors; and, should 
the improvements in values extend generally to real estate 
during this year, most of the banks which are now temporarily 
enjoined, or to which orders have been directed limiting and 
regulating payments to depositors, should, in ,the opinion of the 
Commissioners, be in condition to resume business in full. 

The efforts of the managers of the banks should be con- 
stantly directed to the disposal of the real estate acquired by 
foreclosure, and to the reduction of the amounts loaned upon 
mortgages, the margin on which is not sufficient for the safety 
of the loans during a period of business depression. Other 
securities which are not such as savings banks are allowed to in- 
vest in under the provision of Chap. 203 of the Acts of 1876, but 
which were acquired before that time, and which they are permit- 
ted by the last section of that Act to hold, were better disposed 
of now, while the market for their sale is favorable, as it does 
not seem advisable for savings banks to hold securities which 
they cannot purchase by authority of the law as it now exists. 

This would appear to be the time for the savings banks to 
prepare themselves for the re-action which must come from 
this rapid return of inflated prices incident to the redundant 



436 BANK COMMISSIONERS' REPORT. [Jan. 

paper currency, which, so long as it is maintained, will con- 
stantly continue to disturb the equilibrium of values, and 
unsettle all legitimate business, and from which we cannot 
expect relief until the people have suffered so long from its 
baneful effect that they shall peremptorily demand a change. 

The rapid upward movement in the prices of every thing 
purchasable, whether of speculative or real value, will soon 
carry prices beyond a reasonable limit, and, if the history of the 
past is to be relied upon, a re-action as disastrous as any we 
have formerly suffered from is impending. 

It should be the policy of the savings banks to eliminate from 
their assets every thing of doubtful value, and to invest their 
deposits in the safest securities, making the income to be derived 
from these entirely a secondary consideration. 

If this course prevents the banks from paying even the mini- 
mum rate of dividend allowed by law, and tends to their 
depletion by depositors who have placed their funds in them for 
the income to be derived, rather than for safe keeping, it will 
result only in reducing their deposits in times when the holding 
and investing of trust funds are the most uncertain and unsat- 
isfactory. 

It will find them, with reduced liabilities and with available 
and substantial assets, fully prepared to meet the shock of 
distrust and disaster, and which they were not able entirely to 
withstand during the last panic. 



The only important facts to be noted relative to the trust 
companies are the change of the Chapin Banking and Trust 
Company of Springfield to a National Banking Association, 
and the incorporation of the International Trust Company, 
which commenced business in Boston in December. 



Co-operative Saving-Fund and Loan Associations. 

By Chap. 129 of the Acts of 1879, the Legislature authorized 
and required the Commissioners of Savings Banks to perform, 
in reference to co-operative saving-fund and loan associations, 
the same duties, and to have the same powers, as are now re- 
quired of them, or given to them, in reference to savings banks. 

The Commissioners were also required to make annually a 



1880.] 



PUBLIC DOCUMENT — No. 8. 



437 



report to the Legislature of such facts and statements respecting 
such associations, and in such form, as they should deem that 
the public interest required. 

We have embodied in this report a statement of the condition 
of each association doing business in the State Oct. 31. 

We have visited every town or city in which associations are 
established ; but as they have no fixed location for the transac- 
tion of their business, at which the secretary and treasurer are 
in attendance, we have failed to examine the books and accounts 
of two, the officers of both associations having been absent from 
town at the date of visitation. 

The number of these associations doing business in the 
Commonwealth is ten. Eleven have been incorporated; but 
the Norfolk Co-operative Saving-Fund and Loan Association of 
Hyde Park has never begun business. 

Below is a list of these associations, and of the amount of 
assets, with the date of incorporation, and of the commence- 
ment of business : — 









Commenced 




Name. 


Location. 


Incorporated. 


B u-skiess. 


Assets. 


Cambridge 


E. Cambridge, 


Sept. 11, 1877 


Sept. 12, 1877 


$3,689 13 


Campello . 


Brockton 


Oct. 3, 1877 


Oct. 8, 1877 


27,338 75 


Equitable 


Lynn 


Oct. 2, 1877 


Oct. 8, 1877 


5,519 11 


Fitehburg 


Fitchburg 


Oct. 27, 1877 


Nov. -8, 1877 


18,937 01 


Haverhill. . ( 


Haverhill 


Aug. 20, 1877 


Sept. 3, 1877 


9,454 91 


Homestead 


Boston . 


Sept. 11, 1877 


Sept. 12, 1877 


20,851 95 


Mechanics' 


Taunton 


Sept. 14, 1877 


Sept. 17, 1877 


35,514 67 


Pioneer . 


Boston . 


July 26, 1877 


Aug. 6, 1877 


42,596 20 


Security . 


Brockton 


Dec. 17, 1877 


Dec. 20, 1877 


20,798 56 


Worcester . , 


Worcester 


Oct. 19, 1877 


October, 1877 


20,535 14 




1205,2354a 



No associations doing business have been incorporated since- 
1877. It will be seen that the growth of these institutions has 
thus far been gradual, which the officers account for by reason 
of the gr.eat depression which has existed in real-estate transac- 
tions since they were incorporated. 

They are modelled after kindred institutions which have been 
established for many years in Pennsylvania, especially in Phila- 
delphia, where they have multiplied to a very great extent, and 
have been conducted with a marked degree of success. 



438 



BANK COMMISSIONERS' REPORT. 



[Jan. 



The object for which they are established — to enable persons 
of moderate means, dependent upon their sayings, to provide; 
themselves with homes which they shall own — is certainly one 
worthy of encouragement, and to be fostered in any proper way 
that offers reasonable assurance of success. 

It is difficult to predict the measure of usefulness and success 
which will attend these associations ; but, should the present 
improvement in values extend to real estate, there may arise a 
more extended interest in them and a consequent increase of 
business. 

The capital of these associations is derived originally from 
the monthly instalments paid by each stockholder on account of 
the shares he holds; and the chief income is received from loan- 
ing the accumulated instalments of dues and profits to stock- 
holders only, who may be willing to pay the highest premium 
for the money at the time it is offered for loan, in accordance 
with the by-laws of the association. 

The two chief sources of income are interest and premiums 
on loans ; the other profits are from fines charged upon dues, 
interest and premiums in arrears, discount on withdrawals of 
stock before the ultimate result is reached, and transfer fees. 
And these profits are materially increased by monthly com- 
pounding interest upon them, also upon the monthly dues. 

The dividends to shareholders are made at the end of each 
year from the aggregate of profits, after deducting the year's 
expenses. These dividends, added to the dues paid, show the 
actual valuation of the shares at the close of each year; and 
this process is to be repeated until the accumulations upon each 
share shall be found to be of the estimated value of two hun- 
dred dollars. The total of accumulations cannot exceed, one 
million of dollars. 

The liquidation of the assets of the association is to be accom- 
plished by paying to each shareholder two hundred dollars for 
each of his shares, either in mortgages fully discharged, if he has 
been a borrower, or in money, if he has not borrowed. 

Shares may be issued in quarterly, semi-annual, or annual 
series in such amounts and at such times as the shareholders 
may determine. Twenty-five shares is the limit fixed by law 
to a stockholder in any one corporation. 

No shares of a prior series can be issued after the issue of a 
new series. 






1880.] PUBLIC DOCUMENT — No. 8. 439 

The authority to issue repeated series of shares imparts a 
permanent existence to an association, though membership may 
be constantly terminating with the liquidation of a specific 
series of shares. 

These associations appeared to be generally well managed, 
and the books and accounts carefully and correctly kept. 

We recommend a change in that section of the Act which 
allows loans to be made upon mortgages of real estate, so that 
it may restrict these loans to first mortgages. 



INDEX TO THE ANNUAL REPORTS. 



LOCATION. 

Abington 

Adams. 

Amherst 

Andover 

Arlington 

Ashburnham 

Athol . 

Barnstable 

Barre . 

Beverly 



Boston . 



SAVINGS BANKS. 

CORPORATE NAME. 

Abington Savings Bank 

South Adams Savings Bank 

Amherst Savings Bank . . 

Andover Savings Bank 

Arlington Five Cents Savings^Bank . 

Ashburnham Savings Bank 

Athol Savings Bank . . . • . 

Barnstable Savings Bank . 

Barre Savings Bank .... 

Beverly Savings Bank .... 



'Boston Five Cents Savings Bank 



Bridgewater 
Brockton 
Brookfield . 
Brookline . 


• • 


Cambridge . 


Canton 

Chelsea 

Chicopee Falls . 
Chicopee 
Clinton 
Cohasset . , 


56 



Boston Penny Savings Bank 

Brighton Five Cents Savings Bank .... 

Charlestown Five Cents Savings Bank . 

Dorchester Savings Bank 

East Boston Savings Bank 

Eliot Five Cents Savings Bank . . . 

Emigrant Savings Bank . . . . 

Franklin Savings Bank 

Home Savings Bank . . . . . 
• Institution for Savings in Boxbury and its Vicinity, 

Mechanics' Savings Bank . . . . 

Mercantile Institution for Savings 

North End Savings Bank 

Provident Institution for Savings in the Town of 
Boston 

South Boston Savings Bank . . ... 

Suffolk Savings Bank for Seamen and Others . 

Union Institution for Savings in the City of Boston, 

Warren Institution for Savings . ... 

"West Boston Savings Bank 

Bridgewater Savings Bank . . . . 

North Bridgewater Savings Bank .... 

Brookfield Savings Bank . . . . 

Brookline Savings Bank 

'Cambridge Savings Bank 

Cambridgeport Savings Bank . . 

East Cambridge Five Cents Savings Bank 

North Avenue Savings Bank 

Canton Institution for Savings 

Chelsea Savings Bank 

Chicopee Falls Savings Bank . . . 

Chicopee Savings Bank 

Clinton Savings Bank . . . . . 

Cohasset Savings Bank 



PAGE. 

6 

2'94 

9 

11 

14 

16 

17 
385 v 

21 

29 

31 

34 

40 

62 
386 

90 
101 
104 
123 
156 
166 
390* 
391 
254 

269 
299 
.317 
324 
342 
397 

38 
393 

46 

47 

51 

49 

94 
248 

53 
' 65 

68 

70 

79 

81 



442 



INDEX. 



LOCATION. 

Concord 
Danvera 
Dedham 

East Bridgewater 
Eastharapton 

East on. 

East Weymouth 

Fairhaven . 

Fall River . 



Fitchburg . 

Florence 

Foxborough 

Framingham 

Franklin 

Gardner 

Georgetown 

Gloucester 

Grafton 

Great Barrington 

Greenfield 

Groveland 
Harwich 

Haverhill 

Haydenville 
Hingham 
^ Holliston 

Holyoke 

Hopkinton 

Hudson 

Hyannis 

Hy/le Park 

Ipswich 

Lancaster 

Lawrence 

Lee 

Leicester 
Leominster 
Lexington 



Lowell 



Lynn . 

Maiden 
Marblehead 



CORPORATE N ami:. 

Middlesex Institution lor Savings 
Danvera Savings Hank 

Dedham Institution for Savings . 
East Bridgewater Savings Bank 
Basthampton Savings Bank 

North lOaston Savings Bank 

East, Weymouth Five Cents Savings Bank 

Fairhaven Institution for Savings 

f Citizens' Savings Bank 

J Fall River Five Cents Savings Bank 

j Fall River Savings Bank 

( Union Savings Bank 

( Fitchuurg Savings Bank 

< Worcester North Savings Institution 
Florence Savings Bank 
Foxborough Five Cents Savings Bank 
Framingham Savings Bank 
Benjamin Franklin Savings Bank 
Gardner Savings Bank 
Georgetown Savings Bank . 
Cape Ann Savings Bank 
Grafton Savings Bank . 
Great Barrington Savings Bank 

( Franklin Savings Institution 

( Greenfield Savings Bank 
Groveland Savings Bank 
Cape Cod Five Cents Savings Bank 

| Haverhill Savings Bank 

< City Five Cents Savings Bank . 
Haydenville Savings Bank . 
Hingham Institution for Savings 
Holliston Savings Bank 

( Holyoke Savings Bank 
i Mechanics' Savings Bank . 
Hopkinton Savings Bank . 
Hudson Savings Bank . 
Hyannis Savings Bank 
, Hyde Park Savings Bank . 

Ipswich Savings Bank . 
, Lancaster Savings Bank 

{Broadway Savings Bank 
Essex Savings Bank 
Lawrence Savings Bank 
Lee Savings Bank ... 

, Leicester Savings Bank 
. Leominster Savings Bank . 
. Lexington Savings Bank 
r Central Savings Bank . 
I City Institution for Savings 
j Lowell Five Cents Savings Bank 
' I Lowell Institution for Savings . 
| Mechanics' Savings Bank . 
I Merrimack River Savings Bank . 
( Lynn Five Cents Savings Bank . 
' » Lynn Institution for Savings 
. Maiden Savings Bank . 
. Marblehead Savings Bank . 



210 
85 

87 

92 

97 
262 

99 
10!) 

72 
112 
114 
326 
lin 
:;7r, 
us 
119 
121 

25 
128 
130 

55 
132 
136 
125 
134 
138 

58 
144 

74 
147 
149 
152 
154 
199 
160 
162 
387 
164 
172 
388 

44 
106 
174 
176 
178 
180 
389 

60 

76 
182 
185 
201 
212 
187 
190 
193 
195 



PUBLIC DOCUMENT — No. 8. 



443 



LOCATION. 

Marlborough 

Medford 

Medway 

Melrose 

Merrimac 

Middleborough 

Milford 

Millbury 

Monson 

Nantucket . 

Natick . 

Needham 

New Bedford 



Newburyport 

Newton 
North Adams 

Northampton *. 

North Attleborough 
North Brookfield 
Orange 
Palmer . 
Peabody 
Pittsfield . 

Plymouth . 

Provincetown 

Quincy 

Randolph . . 

Reading 

Rockland 

Rockport 

Salem . 
Salisbury 

Sandwich . 
Scituate 
Shelburne Falls 
South Braintree 
Southbridge 
South Scituate 
South Weymouth 
South Yarmouth 
Spencer 

« 
Springfield . 

Stoneham . 
Stockbridge 

Taunton 



CORPORATE NAME. 

Marlborough Savings Bank 

Medford Savings Bank 

Medway Savings Bank 

Melrose Savings Bank . 

Merrimac Savings Bank 

Middleborough Savings Bank 

Milford Savings Bank . 

Millbury Savings Bank 

Monson Savings Bank . 

Nantucket Institution for Savings 

Natick Five Cents Savings Bank 

Needham Savings Bank 
j New Bedford Five Cents Savings Bank 
< New Bedford Institution for Savings 

{Institution for Savings in Newburyport and its 
Vicinity 
Newburyport Five Cents Savings Bank 

Newton Savings Bank . 

Hoosac Savings Bank . 

North Adams Savings Bank 
J Hampshire Savings Bank . 
I Northampton Institution for Savings 

Attleborough Savings Bank 

North Brookfield Savings Bank . 

Orange Savings Bank . 

Palmer Savings Bank . 

Warren Five Cents Savings Bank 

Berkshire County Savings Bank 
( Plymouth Five Cents Savings Bank 
( Plymouth Savings Bank 

Seamen's Savings Bank 

Quincy Savings Bank . 

Randolph Savings Bank 

Reading Savings Bank 

Rockland Savings Bank 

Rockport Savings Bank 

Salem Five Cents Savings Bank 

Salem Savings Bank . 

Provident Institution for Savings in the Towns of 
. Salisbury and Ainesbury . 

Sandwich Savings Bank 

Scituate Savings Bank . 

Shelburne Falls Savings Bank 

Braintree Savings Bank 

Southbridge Savings Bank . 

South Scituate Savings Bank 

South Weymouth Savings Bank 

Bass River Savings Bank . 

Spencer Savings Bank 

{Hampden Savings Bank 
Springfield Five Cents Savings Bank 
Springfield Institution for Savings 
Stoneham Five Cents Savings Bank 
Stockbridge Savings Bank . 
( Bristol County Savings Bank 
( Taunton Savings Rank 



PAGE. 

197 
204 
206 
208 
210 
214 
218 
221 
225 
228 
230 
392 
232 
235 

169 
239 

242 
158 
246 
142 
244 

19 
250 
256 
258 
339 

27 
263 
266 
290 
275 
277 
394 
280 
395 
282 
285 

272 
396 
288 
292 

36 
296 
301 
303 

23 
305 
140 
307 
309 
315 
313 

42 
320 



444 



INDEX. 



LOCATION. 

Templeton • 
Turner's Falls 
Uxbridge 
Wakefield . 
Wales . 
Waltliam 
Ware . 
Wareham . 
Watertown . 
Webster 
Wellfleet . 
Westborough 

Westlield . 

West Stockbridge 
Weymouth . 
Whitinsville 
Winchendon 
Winchester . 
Woburn 

Worcester . 



Boston . 



Springfield 
Worcester 



< OKI-OKA i i; na.mi:. 

Templeton Savings Bank 

Crocker Institution for Savings 

Uxbridge Savings Hank 

Wakelield Savings Bank 

Wales Savings Bank . 

Waltliam Savings Bank 

Ware Savings Bank 

Wareham Savings Bank 

Watertown Savings Hank 

Webster Five Cents Savings Bank 

Wellfleet Savings Bank 

AVestborongh Savings Bank 
( Westfield Savings Bank 
i Woronoco Savings Bank 

Miners' Savings Bank . 

Weymouth Savings Bank 

Whitinsville Savings Bank 

Winchendon Savings Bank 

Winchester Savings Bank 

Woburn Five Cents Savings Bar 
["People's Savings Bank 

Worcester County Institution for Savings 

Worcester Five Cents Savings Bank 

Worcester Mechanics' Savings Bank 



TRUST COMPANIES. 

f Boston Safe Deposit and Trust Company 

II Collateral Loan Company .... 
Massachusetts Loan and Trust Company . 
New England Trust Company . 
Chapin Banking and Trust Company 
Worcester Safe Deposit and Trust Company 



322 

8:; 

328 

330 

332 
333 
335 

337 
345 
347 
349 
351 
353 
378 
223 
355 
357 
359 
361 
363 
260 
365 
369 
372 



402 
403 
403 
404 
403 
405 



CO-OPERATIVE SAVING-FUND AND LOAN ASSOCIATIONS. 

f Homestead Co-operative Saving-Fund and Loan 

Association 414 

.Boston . . . . S pj oneer Co-operative Saving-Fund and Loan Asse- 
ts ciation 416 

(Campello Co-operative Saving-Fund and Loan 

1 Association ■ 409 
Security Co-operative Saving-Fund and Loan Asso- 
ciation 418 

East Cambridge . . Cambridge Co-operative Saving-Fund and Loan 

Association . . 408 

Fitchburg . . . Fitchburg Co-operative Saving-Fund and Loan 

Association 411 

Haverhill . . . Haverhill Co-operative Saving-Fund and Loan 

Association 413 

Lynn .... Equitable Co-operative Saving-Fund and Loan 

Association 410 

Taunton . . . Mechanics' Co-operative Saving-Fund and Loan 

Association . 415 

Worcester . . . Worcester Co-operative Saving-Fund and Loan 

Association 419 

General Remarks 423